Document ID: chunk:federal_register_of_legislation:C2010C00611:clause:4_2
Version: federal_register_of_legislation:C2010C00611
Segment Type: clause
Provision Reference: sch 4 cl 2
Character Range: 85660–86523

2                                                                 item 3 of the table in subsection (1) applies in relation to a *depreciating asset  (a) the forex realisation event happens in an income year that is later than the one in which the asset's *start time occurs; and              the excess is included in your assessable income.
                                                                                                                                                      (b) the asset is not allocated to a pool under Subdivision 40‑E or 328‑D; and
                                                                                                                                                      (c) the forex realisation gain exceeds the asset's *opening adjustable value for the income year in which the forex realisation event happens