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
228 Subsection 116E(1)
Insert:
modified capital gain for a notional CGT event means any capital gain that would (apart from this Division) arise from the event if Division 10 of Part IX applied in respect of the event.
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