Document ID: chunk:federal_register_of_legislation:C2010C00679:section:1987:p43
Version: federal_register_of_legislation:C2010C00679
Segment Type: section
Provision Reference: s 1987 (pt 43/51)
Character Range: 118507–121335

of section - paragraph (1)(b) does not
apply)
  "(18A) If, apart from this subsection, this section has applied to the
disposal of the property to the transferee, then, in working out whether this
section applies to a subsequent disposal of the property by:
  (a) the transferee; or
  (b) one or more subsequent successive transferees;
this section has effect as if paragraph (1)(b) (which deals with deductions)
had not been enacted.".

TAXATION LAWS AMENDMENT ACT (No. 5) 1992 No. 224 of 1992
- SECT 53
Roll-over relief where CGT roll-over relief allowed under section
160ZZM, 160ZZMA, 160ZZN, 160ZZNA or 160ZZO

  53. Section 124GA of the Principal Act is amended:
  (a) by inserting in paragraph (1)(b) "subject to subsection (5)," before
"deductions";
  (b) by adding at the end the following subsection:
(Second or subsequent application of section - paragraph (1)(b) does not
apply)
  "(5) If, apart from this subsection, this section has applied to the
disposal of the property to the transferee, then, in working out whether this
section applies to a subsequent disposal of the property by:
  (a) the transferee; or
  (b) one or more subsequent successive transferees;
this section has effect as if paragraph (1)(b) (which deals with deductions)
had not been enacted.".

TAXATION LAWS AMENDMENT ACT (No. 5) 1992 No. 224 of 1992
- SECT 54
Roll-over relief where CGT roll-over relief allowed under section
160ZZM, 160ZZMA, 160ZZN, 160ZZNA or 160ZZO

  54. Section 124JD of the Principal Act is amended:
  (a) by inserting in paragraph (1)(b) "subject to subsection (5)," before
"deductions";
  (b) by adding at the end the following subsection:
(Second or subsequent application of section - paragraph (1)(b) does not
apply)
  "(5) If, apart from this subsection, this section has applied to the
disposal of the building to the transferee, then, in working out whether this
section applies to a subsequent disposal of the building by:
  (a) the transferee; or
  (b) one or more subsequent successive transferees;
this section has effect as if paragraph (1)(b) (which deals with deductions)
had not been enacted.".

TAXATION LAWS AMENDMENT ACT (No. 5) 1992 No. 224 of 1992
- SECT 55
Roll-over relief where CGT roll-over relief allowed under section
160ZZM, 160ZZMA, 160ZZN, 160ZZNA or 160ZZO or where election for
roll-over relief made under section 122W

  55. Section 124PA of the Principal Act is amended:
  (a) by inserting in paragraph (1)(b) "subject to subsection (6)," before
"deductions";
  (b) by adding at the end the following subsection:
Second or subsequent application of section - paragraph (1)(b) does not
apply)
  "(6) If, apart from this subsection, this section has applied to the
disposal of the unit to the transferee, then, in working out whether this
section applies to a subsequent disposal of the