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s 137-10

Applicable CGT events

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Chapter 3Specialist liability rules
Part 3-3Capital gains and losses: special topics
Division 137Granny flat arrangements
Subdivision 137-AGranny flat arrangements

137-10 Applicable CGT events

Division 137 of the Income Tax Assessment Act 1997 applies in relation to events:

(a)

that happen on or after the commencement of that Division; and

(b)

that, apart from that Division, would be CGT events;

(whether the arrangements to which the events relate were entered into before, on or after that commencement).

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Section 137-10 — Applicable CGT events — Income Tax (Transitional Provisions) Act 1997 (Commonwealth) — Barrister AI