Document ID: chunk:federal_register_of_legislation:C2004C00958:clause:1_1
Version: federal_register_of_legislation:C2004C00958
Segment Type: clause
Provision Reference: sch 1 cl 1
Character Range: 364084–364887

1                                       The money exceeds the expenditure you incurred to *acquire another CGT asset or to repair or restore the original asset  If that part of the gain that is attributable to the amount of money is more than the excess:

                                                                                                                                                                 (a) that part of the gain is reduced to the amount by which the money exceeds that expenditure; and

                                                                                                                                                                 (b) that expenditure is reduced by the amount by which that part of the gain (before it is reduced) is more than the excess