Document ID: chunk:federal_register_of_legislation:C2009C00311:clause:4_15
Version: federal_register_of_legislation:C2009C00311
Segment Type: clause
Provision Reference: sch 4 cl 15
Character Range: 38587–39411

15  Application

(1) Subject to subitem (2), the amendment made by item 14 applies in relation to CGT events happening after 7.30 pm, by legal time in the Australian Capital Territory, on 13 May 2008 (the Budget time).

(2) An entity may choose that the amendment made by item 14 applies to a CGT event that happened:
 (a) after the start of the entity's 1998‑99 income year; and
 (b) before the Budget time.

Part 2—Asterisking amendments

Income Tax Assessment Act 1997

    52  Asterisking amendments of the Income Tax Assessment Act 1997
The provisions of the Income Tax Assessment Act 1997 listed in the table are amended as set out in the table.
Asterisking amendments
Item                    Provision                                                                            Omit:                    Substitute: