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
15 At the end of section 106-30
Example: A CGT asset of an individual vests in a trustee because of the bankruptcy of the individual. No CGT event happens as a result of the vesting.
The trustee later sells the CGT asset. Any capital gain or loss is made by the individual, not the trustee.