INCOME TAX ASSESSMENT ACT 1997 - SECT 118.125 Meaning of ownership period

INCOME TAX ASSESSMENT ACT 1997 - SECT 118.125

    Your ownership period of a * dwelling is the period on or after 20   September 1985 when you had an * ownership interest in:

  (a)   the dwelling; or

  (b)   land ( * acquired on or after 20   September 1985) on which the dwelling is later built.