Tax Law Improvement Act (No. 1) 1998 (46 of 1998)

2   CGT (new Parts 3-1, 3-3 and 3-5)

3   Consequential amendment of the Income Tax Assessment Act 1936

147   Paragraphs 102AAZBA(b), (c) and (d)

Repeal the paragraphs, substitute:

(b) the trust estate owned a CGT asset at the residence-change time; and

(c) a CGT event happens in relation to the asset during the attributable income year; and

(d) subsection 160M(9) or (10) of this Act, or section 104-170 of the Income Tax Assessment Act 1997 (CGT event I2), applies to the asset in respect of the change of residence for the purposes of the application of this Act apart from this Subdivision;