Document ID: chunk:federal_register_of_legislation:C2010C00584:clause:3_18
Version: federal_register_of_legislation:C2010C00584
Segment Type: clause
Provision Reference: sch 3 cl 18
Character Range: 36280–36943

18  After subsection 130‑83(1)
Insert:

 (1A) If:
 (a) a *CGT event happens in relation to the *share or right (the original share or right); and
 (b) it happens in connection with an acquisition (within the meaning of Subdivision C of Division 13A of Part III of the Income Tax Assessment Act 1936) of another share or right (the matching share or right); and
 (c) under section 139DQ of the Income Tax Assessment Act 1936 the matching share or right is treated, for the purposes of Division 13A of Part III of that Act, as if it were a continuation of the original share or right;
any *capital gain or *capital loss you make from the CGT event is disregarded.