Document ID: chunk:federal_register_of_legislation:C2004C00927:clause:6_41
Version: federal_register_of_legislation:C2004C00927
Segment Type: clause
Provision Reference: sch 6 cl 41
Character Range: 616022–616648

41  After section 330-550
Insert:

330-552  Modification of sections 41-40, 41-50 and 41-55

  If the transferee becomes required to make a balancing adjustment otherwise than because the property is disposed of, lost or destroyed, then:
 (a) section 41-40 (about a balancing adjustment on a subsequent disposal); and
 (b) subsection 41-50(4) (about the transferee's obligation to keep a notice from the transferor about the property); and
 (c) subsection 41-55(5) (about the transferee's obligation to keep an election made jointly with the transferor);
apply in the same way as if the property had been lost at that time.