Tax Laws Amendment (2013 Measures No. 1) Act 2013 (119 of 2013)

Schedule 1   Strengthening scrip for scrip roll-over, small business entity and other concessions

Part 3   Entity making the gain or loss

Income Tax Assessment Act 1997

14   Subsection 106-30(2)

Omit “it had been done by the individual”, substitute “the act had been done by the individual (instead of by the trustee etc.)”.