Document ID: chunk:federal_register_of_legislation:C2016A00010:clause:1_43
Version: federal_register_of_legislation:C2016A00010
Segment Type: clause
Provision Reference: sch 1 cl 43
Character Range: 34802–35266

43  Application of amendments
The amendments made by this Part, to the extent that they relate to acquisitions of a kind described in subsection 14‑205(1) in Schedule 1 to the Taxation Administration Act 1953 (as inserted by this Part), apply in relation to acquisitions on or after the later of:
 (a) 1 July 2016; and
 (b) the commencement of this Part.
Note: For working out when a CGT asset is acquired, see Division 109 of the Income Tax Assessment Act 1997.