Commonwealth Consolidated Acts

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INCOME TAX ASSESSMENT ACT 1997 - SECT 315.25

Demutualising health insurers to disregard capital gains and losses related to demutualisation

    Disregard a * capital gain or * capital loss of an entity from a * CGT event if:

  (a)   the CGT event happened under a demutualisation to which this Division applies; and

  (b)   the entity is the demutualising health insurer.



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