Document ID: chunk:federal_register_of_legislation:C2010C00260:clause:1_1:p6
Version: federal_register_of_legislation:C2010C00260
Segment Type: clause
Provision Reference: sch 1 cl 1 (pt 6/11)
Character Range: 14480–17050

original right; or
 (ii) if subparagraph (i) does not apply—when you *acquired the original right.

 (3) The period ends when the *CGT event happens.

 (4) If you are an Australian resident (but not a *temporary resident) when the *CGT event happens, your notional gain or loss is reduced by the amount of the *capital gain or *capital loss that you would have made in relation to the *CGT event if section 768‑920 did not apply to you.

768‑930  Adjustment to notional gain or loss

 (1) If section 768‑920 applies to the *share or right in relation to which the *CGT event happens because of subsection 768‑920(1), adjust your notional gain or loss by:
 (a) firstly, applying the factor worked out under subsection 768‑935(1), (2) or (3) to the amount of your notional gain or loss; and
 (b) secondly, applying the factor worked out under subsection 768‑935(4) to the amount worked out under paragraph (a).

 (2) If section 768‑920 applies to the *share in relation to which the *CGT event happens because of subsection 768‑920(2), adjust your notional gain or loss by:
 (a) firstly, applying the factor worked out under subsection 768‑940(1), (2) or (3) to the amount of your notional gain or loss; and
 (b) secondly, applying the factor worked out under subsection 768‑940(4) to the amount worked out under paragraph (a).

768‑935  Adjustment for share or right acquired under employee share scheme

 (1) If:
 (a) the *CGT event happens on or after the *cessation time for the share or right; and
 (b) when, or immediately before, the CGT event happens you are either:
 (i) a foreign resident; or
 (ii) an Australian resident who is a temporary resident;
the factor to be applied for the purposes of paragraph 768‑930(1)(a) is:
where:

days before cessation time is the number of days in the period that:
 (a) starts on the day on which you *acquired the *share or right or, if you acquired the share or right from an *employee share trust, on the day on which you first acquired a beneficial interest in the share or right; and
 (b) ends on the *cessation time for the share or right.

days before CGT event is the number of days in the period that:
 (a) starts on the day on which you *acquired the *share or right or, if you acquired the share or right from an *employee share trust, on the day on which you first acquired a beneficial interest in the share or right; and
 (b) ends on the day on which the *CGT event happens.

 (2) If:
 (a) the *CGT event happens on or after the *cessation time for the share or right; and
 (b) when, or immediately before, the