Document ID: chunk:federal_register_of_legislation:C2010C00262:clause:4_3
Version: federal_register_of_legislation:C2010C00262
Segment Type: clause
Provision Reference: sch 4 cl 3
Character Range: 72551–73004

3  Paragraph 152‑10(1)(c)
Repeal the paragraph, substitute:
 (c) at least one of the following applies:
 (i) you are a *small business entity for the income year;
 (ii) you satisfy the maximum net asset value test (see section 152‑15);
 (iii) you are a partner in a partnership that is a small business entity for the income year and the CGT asset is an asset of the partnership;

Note: For the meaning of small business entity, see Subdivision 328‑C.