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
153 Subsection 110(1) (definition of fund asset)
Repeal the definition, substitute:
fund asset, in relation to a notional CGT event, means a CGT asset that was included in any of the insurance funds immediately before the event.
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