Commonwealth Consolidated Acts

INCOME TAX ASSESSMENT ACT 1997 - SECT 149.80

                   After the asset stops being a * pre-CGT asset, the entity need not give the Commissioner any more evidence about it under section 149- 55.

Table of sections

149-162    Subdivision applies only if entity gives sufficient evidence

149-165    Members treated as having underlying interests in assets until demutualisation

149-170    Effect of demutualisation of interposed company