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COMMONWEALTHAct
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s 615-10

Modifications—when additional consequences can apply

In force
Chapter 3Specialist liability rules
Part 3-80Roll‑overs applying to assets generally
Division 615Roll‑overs for business restructures
Subdivision 615-AModifications for roll‑overs between the 2011 and 2012 Budget times

615-10 Modifications—when additional consequences can apply

(1)

Disregard subparagraph 615‑45(a)(ii), and paragraph 615‑45(b), of the Income Tax Assessment Act 1997 if the roll‑over relates to *shares that were disposed of, redeemed or cancelled.

(2)

Disregard paragraph 615‑45(d) of that Act.

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