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
205 Paragraph 116CC(2)(c)
Repeal the paragraph, substitute:
(c) the whole of any non-exempt ordinary capital gain or ordinary capital loss is taken into account in determining the overall non-exempt capital gain or the overall capital loss for the general fund class.
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