INCOME TAX ASSESSMENT ACT 1997 - SECT 152.330 15 - year rule has priority
INCOME TAX ASSESSMENT ACT 1997 - SECT 152.330
15 - year rule has priorityThis Subdivision does not apply to a * capital gain to which Subdivision 152 - B (15 - year exemption) applies.
Note: Under that Subdivision, such a gain is entirely disregarded, so
there is no need for any further concession to apply.