INCOME TAX ASSESSMENT ACT 1997 - SECT 275.105 Covered assets
INCOME TAX ASSESSMENT ACT 1997 - SECT 275.105
Covered assets(1) An asset is covered by this section if it is any of the following:
(a) a * share in a company (including a share in a * foreign hybrid company);
(b) a * non - share equity interest in a company;
(d) land (including an interest in land);
(e) a right or option to * acquire or * dispose of an asset of a kind mentioned in paragraph (a), (b), (c) or (d).
(2) However, the asset is not covered by this section if it is any of the following:
(a) a * Division 230 financial arrangement;
(b) a * debt interest.