Commonwealth Consolidated Acts

INCOME TAX ASSESSMENT ACT 1997 - SECT 124.1220

There is roll - over relief if an interest in a mining, quarrying or prospecting right is disposed of under an interest realignment arrangement.

Table of sections

Operative provisions

124 - 1225   Disposals of interests under interest realignment arrangements

124 - 1230   Roll - over consequences--partial roll - over

124 - 1235   Roll - over consequences--all original interests were post - CGT and pre - UCA

124 - 1240   Roll - over consequences--all original interests were pre - CGT

124 - 1245   Roll - over consequences--original interests were of mixed CGT status, all were pre - UCA

124 - 1250   Roll - over consequences--some original interests were pre - UCA