INCOME TAX ASSESSMENT ACT 1997 - SECT 152.12 Special conditions for CGT event D1
INCOME TAX ASSESSMENT ACT 1997 - SECT 152.12
Special conditions for CGT event D1(1) Paragraphs 152 - 10(1)(a) and (d) do not apply in the case of * CGT event D1.
(2) Instead, it is a basic condition that the right you create
that triggers the * CGT event must be inherently connected with a * CGT asset
of yours that satisfies the active asset test (see section 152 - 35).