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
272 Subsection 116GB(1)
Omit "160ZO", substitute "102-5 of the Income Tax Assessment Act 1997 (about net capital gains)".
Note: The heading to section 116GB is replaced by the heading "Treatment of capital gains and losses".
Copyright notice
© Australian Taxation Office for the Commonwealth of Australia
You are free to copy, adapt, modify, transmit and distribute material on this website as you wish (but not in any way that suggests the ATO or the Commonwealth endorses you or any of your services or products).
