Tax Law Improvement Act (No. 1) 1998 (46 of 1998)
10 Amendment of Chapter 6 (the Dictionary) of the Income Tax Assessment Act 1997
128 Subsection 995-1(1)
Insert:
replacement-asset roll-over: a replacement-asset roll-over allows you to defer the making of a *capital gain or a *capital loss from one *CGT event until a later CGT event happens where your ownership of one CGT asset ends and you *acquire another one. The replacement-asset roll-overs are listed in section 112-115.
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