Document ID: chunk:federal_register_of_legislation:C2016A00054:clause:2_74
Version: federal_register_of_legislation:C2016A00054
Segment Type: clause
Provision Reference: sch 2 cl 74
Character Range: 83597–84055

74  After subsection 275‑100(1)
Insert:
 (1A) Without limiting paragraph (1)(b), if:
 (a) a *VCLP or an *ESVCLP owns a *CGT asset at the time referred to in that paragraph; and
 (b) at that time, the *managed investment trust has an interest in the asset as a *limited partner of the VCLP or ESVCLP;
for the purposes of that paragraph, the managed investment trust is taken to own the asset to the extent of that interest.

Taxation Administration Act 1953