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

2   CGT (new Parts 3-1, 3-3 and 3-5)

2   Consequential amendment of the Income Tax Assessment Act 1997

9   At the end of section 41-20

Add:

(2) In applying an item in the table in subsection (1), disregard the following so far as they relate to a *car, motor cycle or similar vehicle, or to an interest in one:

(a) the exemption in section 118-5; and

(b) subsection 122-25(3) (which excludes certain assets from roll-over relief).