Document ID: chunk:federal_register_of_legislation:C2014C00749:clause:15_22
Version: federal_register_of_legislation:C2014C00749
Segment Type: clause
Provision Reference: sch 15 cl 22
Character Range: 434237–434754

22  Subsection 995‑1(1) (definition of adjustable value)
Repeal the definition, substitute:
adjustable value:
 (a) of a *depreciating asset, has the meaning given by section 40‑85; and
 (b) of an *equity or loan interest:
 (i) for the purposes of determining the consequences of a *direct value shift—has the meaning given by sections 725‑240, 725‑315 and 725‑325; and
 (ii) for the purposes of determining the consequences of an *indirect value shift—has the meaning given by sections 727‑830, 727‑835 and 727‑840.