Document ID: chunk:federal_register_of_legislation:C2010C00685:clause:1_13
Version: federal_register_of_legislation:C2010C00685
Segment Type: clause
Provision Reference: sch 1 cl 13
Character Range: 8689–9231

13  Paragraphs 160ZZPQ(1)(c) and (d)
Repeal the paragraphs, substitute:
 (c) where the roll‑over asset is neither a share in a company nor a unit in a unit trust:
 (i) the roll‑over asset was an active asset at the disposal test time or, if it was not an active asset at that time because the relevant business had ceased to be carried on, the cessation occurred not earlier than 12 months before that time; and
 (ii) the roll‑over asset was an active asset during more than one‑half of the period in which it was owned by the taxpayer; and