Commonwealth Consolidated Acts Commonwealth Consolidated ActsNo amount shall be included in, or allowable as a deduction from, the assessable income of a taxpayer:
(a) under section 159GQ in relation to a qualifying security in respect of any year or part of a year of income during which the qualifying security forms part of the trading stock of the taxpayer; or
(c) under section 159GS in relation to the transfer of a qualifying security by the taxpayer where, immediately before the transfer, the qualifying security was or formed part of the trading stock of the taxpayer.