Income Tax Assessment Act 1997

CHAPTER 3 - SPECIALIST LIABILITY RULES  

PART 3-3 - CAPITAL GAINS AND LOSSES: SPECIAL TOPICS  

Division 152 - Small business relief  

Subdivision 152-C - Small business 50% reduction  

SECTION 152-210   You may also get the small business retirement exemption and small business roll-over relief  

152-210(1)    
The *capital gain, as reduced under section 152-205 , may also qualify for:

(a) the small business retirement exemption (see Subdivision 152-D ); or

(b) a small business roll-over (see Subdivision 152-E );

or both.

152-210(2)    
If it qualifies for both of those concessions, you may choose which order to apply them in.