Document ID: chunk:federal_register_of_legislation:C2010C00615:clause:2_6
Version: federal_register_of_legislation:C2010C00615
Segment Type: clause
Provision Reference: sch 2 cl 6
Character Range: 114050–114572

6  After subsection 70B(2)
Insert:

 (2A) A deduction is not allowable under subsection (2) for a loss on the disposal or redemption of traditional securities that are:
 (a) segregated exempt assets (for the purposes of the Income Tax Assessment Act 1997) of a life assurance company; or
 (b) segregated current pension assets (as defined in Part IX) of a complying superannuation fund (as defined in that Part); or
 (c) segregated exempt superannuation assets (as defined in Part IX) of a PST (as defined in that Part).