‑1 What this Division is about
This Division defines the various categories of assets that are relevant to working out your capital gains and losses. They are CGT assets, collectables and personal use assets. It also tells you how capital losses from collectables and personal use assets are relevant to working out your net capital gain or loss. It also sets out when land, buildings and capital improvements are taken to be separate CGT assets.
Sourced from the Federal Register of Legislation at 25 May 2026. For the latest information on Australian Government law please go to https://www.legislation.gov.au. Verify the current text against the official source before relying on it.
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