Commonwealth Consolidated Acts

INCOME TAX (TRANSITIONAL PROVISIONS) ACT 1997 - SECT 104.166

    Subsection   104 - 165(1) of the Income Tax Assessment Act 1997 continues to apply, despite its repeal by item   20 of Schedule   1 to the Tax Laws Amendment (2006 Measures No.   1) Act 2006 , to an individual:

  (a)   who is in Australia on the day on which that item receives the Royal Assent; and

  (b)   who remains an Australian resident from that day until the time subsection   104 - 165(1) is applied in respect of him or her.

Table of sections

104 - 175   Company ceasing to be member of wholly - owned group after roll - over

104 - 185   Change of status of replacement asset for a roll - over under Division   17A of former Part   IIIA of the 1936 Act or Division   123 of the 1997 Act