Commonwealth Consolidated Acts

INCOME TAX ASSESSMENT ACT 1997 - SECT 152.12

  (1)   Paragraphs 152 - 10(1)(a) and (d) do not apply in the case of * CGT event D1.

  (2)   Instead, it is a basic condition that the right you create that triggers the * CGT event must be inherently connected with a * CGT asset of yours that satisfies the active asset test (see section   152 - 35).