Document ID: chunk:federal_register_of_legislation:C2016A00018:clause:1_8
Version: federal_register_of_legislation:C2016A00018
Segment Type: clause
Provision Reference: sch 1 cl 8
Character Range: 14671–15291

8  Application of amendments
The amendments made by this Schedule apply to:
 (a) the transfer of a depreciating asset if the balancing adjustment event arising from the transfer occurs on or after 1 July 2016; or
 (b) the transfer of trading stock or a revenue asset if the transfer occurs on or after 1 July 2016; or
 (c) the transfer of a CGT asset (other than a depreciating asset, trading stock or a revenue asset) if the CGT event arising from the transfer occurs on or after 1 July 2016.

[Minister's second reading speech made in—
House of Representatives on 4 February 2016
Senate on 23 February 2016]

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