Commonwealth Consolidated Acts

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INCOME TAX ASSESSMENT ACT 1997 - SECT 124.1125

Roll - over consequences--all original entitlements pre - CGT

  (1)   In the situation covered by subsection   124 - 1105(1), if you * acquired the original entitlement before 20   September 1985, you are taken to have acquired the new entitlement (or all of the new entitlements) before that day.

  (2)   In the situation covered by subsection   124 - 1105(2), if you * acquired the original entitlements before 20   September 1985, you are taken to have acquired the new entitlement (or all of the new entitlements) before that day.

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