INCOME TAX ASSESSMENT ACT 1997 - SECT 124.570 What this Subdivision is about

INCOME TAX ASSESSMENT ACT 1997 - SECT 124.570

This Subdivision sets out the situations in which the holder of a Crown lease over land obtains a replacement asset roll - over when the lease is, among other things, renewed, extended or converted to an estate in fee simple.

Table of sections

Operative provisions

124 - 575   Extension or renewal of Crown lease

124 - 580   Meaning of Crown lease

124 - 585   Original right differs in area from new right

124 - 590   Part of original right excised

124 - 595   Treating parts of new right as separate assets

124 - 600   What is the roll - over?

124 - 605   Change of lessor