draft legislation that would ease capital gain

Hi All,

I see today there is draft legislation that would ease capital gains tax liability for shareholders of companies involved in mergers and takeovers ??

I'm trying to get more information to establish if any of this will be 1)applicable to us and 2) the time line

your views much appreciated ?

Please see this article
http://www.theage.com.au/business/mergerlinked-capital-gains-tax-to-be-eased-sherry-20100422-tecv.html