Document ID: chunk:federal_register_of_legislation:C2025C00029:section:7
Version: federal_register_of_legislation:C2025C00029
Segment Type: section
Provision Reference: s 7
Character Range: 7646251–7647339

7                          an amount of *statutory income (other than an amount included in assessable income under Division 102)                                                                                                                                                                                                       (a) if the amount is received at or before the time when the requirement first arose to include it in your assessable income—the amount is to be translated to Australian currency at the exchange rate applicable at the time of receipt; or
                                                                                                                                                                                                                                                                                                                                        (b) in any other case—the amount is to be translated to Australian currency at the exchange rate applicable at the time when the requirement first arose to include it in your assessable income.