Commonwealth Consolidated Acts

INCOME TAX (TRANSITIONAL PROVISIONS) ACT 1997 - SECT 128.15

    The rule in item   3 in the table in subsection   128 - 15(4) of the Income Tax Assessment Act 1997 (about a dwelling that was your main residence just before you died and was not being used for the purpose of producing assessable income) does not apply to a dwelling that devolved to your legal personal representative, or passed to a beneficiary in your estate, on or before 7.30 pm, by legal time in the Australian Capital Territory, on 20   August 1996.

Table of Subdivisions

130 - A   Bonus shares and units

130 - B   Rights

130 - C   Convertible notes

Table of sections

130 - 20   Issue of bonus shares or units