Document ID: chunk:federal_register_of_legislation:C2004C00927:clause:1_3
Version: federal_register_of_legislation:C2004C00927
Segment Type: clause
Provision Reference: sch 1 cl 3
Character Range: 142175–143223

3                                             Neither of cases 1 and 2 applies, and you acquired the property:                                                                                                         the lesser of the amount you paid for the property and:
                                              (a) less than one year before making the gift (otherwise than by inheriting it); or                                                                                      (a) if the average of the written valuations you got fairly represents the market value of the property on the day you made the gift—that average; or
                                              (b) for the purpose of giving it away; or                                                                                                                                (b) if it does not— the market value of the property on the day you made the gift
                                              (c) subject to an *arrangement that the property would be given away