Document ID: chunk:federal_register_of_legislation:C2024C00866:section:52f
Version: federal_register_of_legislation:C2024C00866
Segment Type: section
Provision Reference: s 52F
Character Range: 753593–754311

52F  Amount of disposition
  Where a person disposes of assets, the amount of the disposition is:
 (a) if the person receives no consideration for the diminution in the value of the assets—an amount equal to the amount of the diminution in the value of the assets; or
 (b) if the person receives consideration for the diminution in the value of the assets—an amount equal to the amount of the diminution in the value of the assets less the amount of the consideration received by the person in respect of the diminution.
Note: If subsection 52ZZZWM(2) applies in relation to the transfer of an asset to a special disability trust, that subsection has the effect of reducing the amount of the disposal or disposition.