Commonwealth of Australia Consolidated Acts

INCOME TAX ASSESSMENT ACT 1997 - SECT 124.660

                   If the * quasi-ownership right or estate in fee simple is instead granted to an * associate or an * associated government entity of yours:

                     (a)  your * reduced cost base of the * depreciating asset is reduced by the * adjustable value of the asset just before the original quasi-ownership right expired or was surrendered or terminated; and

                     (b)  there is no roll-over.

Guide to Subdivision 124-L