Document ID: chunk:federal_register_of_legislation:C2004C00927:clause:6_82
Version: federal_register_of_legislation:C2004C00927
Segment Type: clause
Provision Reference: sch 6 cl 82
Character Range: 623692–624393

82  Subsections 82AQ(3A) and (3B)
Repeal the subsections, substitute:

 (3A) If:
 (a) a unit of property is attached to land that a taxpayer holds under a quasi-ownership right granted by an exempt Australian government agency or an exempt foreign government agency; and
 (b) the taxpayer is the quasi-owner of the property for the purposes of Division 42 of the Income Tax Assessment Act 1997;
this Subdivision applies as if the taxpayer were the owner of the property instead of any other person.

 (3B) In subsection (3A), exempt Australian government agency, exempt foreign government agency, quasi-owner and
quasi-ownership right have the same meanings as in the Income Tax Assessment Act 1997.