INCOME TAX ASSESSMENT ACT 1997 - SECT 130.95 Shares and rights in relation to ESS interests

INCOME TAX ASSESSMENT ACT 1997 - SECT 130.95

    For the purposes of Part   3 - 1 (Capital gains and losses: general topics) and this Part, treat a * CGT event that happens in relation to a * share or right in the same way as a CGT event that happens in relation to an * ESS interest, if:

  (a)   Subdivision   83A - B or 83A - C (about employee share schemes) applies to the ESS interest; and

  (b)   the ESS interest forms part of the share or right.