Document ID: chunk:federal_register_of_legislation:C2004C00927:clause:1_5:p2
Version: federal_register_of_legislation:C2004C00927
Segment Type: clause
Provision Reference: sch 1 cl 5 (pt 2/2)
Character Range: 476975–477951

the income year during which you started to use the road or building again and for later income years, despite the fact that you stopped using the road or building as described in paragraph (b).

Application of Common rules

387‑505  Application of Common rules 1, 2 and 3

 (1) Subdivision 41-A (which sets out Common rule 1 dealing with roll-over relief for related entities) applies to a disposal of a *forestry road or *timber mill building in the circumstances set out in section 41-20.

 (2) Subdivision 41-B (which sets out Common rule 2 dealing with non-arm's length transactions) applies to transactions involving expenditure on, or disposal of, a *forestry road or *timber mill building.

 (3) Subdivision 41-C (which sets out Common rule 3 dealing with anti-avoidance provisions relating to the ownership of property) applies in relation to a *forestry road or *timber mill building in relation to which you can deduct an amount.

[The next Chapter is Chapter 4.]