Document ID: chunk:federal_register_of_legislation:C2025C00029:section:1
Version: federal_register_of_legislation:C2025C00029
Segment Type: section
Provision Reference: s 1
Character Range: 2469903–2470771

1                                           The partners *dispose of their interests in a *CGT asset to, or create a CGT asset in, the company  (a) a *collectable or a *personal use asset; or
                                                                                                                                                (b) a decoration awarded for valour or brave conduct (except if a partner paid money or gave any other property for it); or
                                                                                                                                                (c) a *precluded asset; or
                                                                                                                                                (d) an asset that becomes *trading stock of the company just after the *disposal or creation