Commonwealth Consolidated Acts

INCOME TAX ASSESSMENT ACT 1997 - SECT 124.1040

There is a roll - over if you own ownership interests that are stapled and, as a result of a reorganisation, you stop owning those interests and you acquire or own ownership interests in an interposed unit trust.

Table of sections

Operative provisions

124 - 1045   Exchange of stapled securities

124 - 1050   Conditions

124 - 1055   Consequences of the roll - over for exchanging members

124 - 1060   Consequences of the roll - over for interposed trust