Commonwealth Consolidated Acts

INCOME TAX ASSESSMENT ACT 1997 - SECT 114.20

                   If there is a roll-over for a * CGT event happening in relation to a * CGT asset and the first element of the * cost base of the asset is the whole of the cost base of:

                     (a)  for a * replacement-asset roll-over, the original asset; or

                     (b)  for a * same-asset roll-over, the CGT asset;

you index that element as if expenditure equal to the amount in that element had been incurred in the * quarter in which the CGT event happened.

Table of Subdivisions

             Guide to Division 115

115-A   Discount capital gains

115-B    Discount percentage

115-C    Rules about trusts with net capital gains

115-D   Tax relief for shareholders in listed investment companies

Guide to Division 115