CTHIn ForceAct
Wool Services Privatisation Act 2000
28Certified demerger matters not to result in CGT event or assessable income
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28 Certified demerger matters not to result in CGT event or assessable income
(1) For the purposes of the 1997 Tax Act, a certified demerger matter is not to be treated as being a CGT event or as giving rise to a CGT event. (2) For the purposes of the 1936 Tax Act and the 1997 Tax Act, no amount is to be included in the assessable income of a person because of a certified demerger matter.