Commonwealth Consolidated Acts

INCOME TAX ASSESSMENT ACT 1997 - SECT 250.10

                   This Division applies to you and an asset at a particular time if:

                     (a)  the general test in section 250-15 is satisfied in relation to you and the asset; and

                     (b)  none of the exclusions in sections 250-20, 250- 25, 250-30, 250-40 and 250- 45 apply.