Document ID: chunk:federal_register_of_legislation:C2005A00147:clause:5_18
Version: federal_register_of_legislation:C2005A00147
Segment Type: clause
Provision Reference: sch 5 cl 18
Character Range: 157413–157980

18  Subsection 130‑110(5)
Repeal the subsection, substitute:

 (5) Either:
 (a) there must have been an acquisition of a share or a right to acquire a share by the PAYE earner or associate under a scheme for the acquisition of shares by employees to which section 26AAC of the Income Tax Assessment Act 1936 applies; or
 (b) there must be a share or right that, because of section 26AAD of that Act, was treated, for the purposes of section 26AAC of that Act, as if it were a continuation of a share or right in a company.

Taxation Laws Amendment Act (No. 3) 2003