Document ID: chunk:federal_register_of_legislation:C2025C00029:section:7:p11
Version: federal_register_of_legislation:C2025C00029
Segment Type: section
Provision Reference: s 7 (pt 11/11)
Character Range: 7549355–7550343

relation to which a *CGT event happens includes the following:
 (a) for CGT event D1 (about creating contractual or other rights)—the CGT asset that is the subject of the creation of the contractual or other rights;
Example: You grant an easement over land in Australia. The land is the subject of the creation of the rights in the easement. Therefore, the CGT event happens in relation to the land.
 (b) for CGT event D2 (about granting an option)—the CGT asset that is the subject of the option;
 (c) for CGT event F1 (about granting a lease)—the CGT asset that is the subject of the lease;
 (d) for CGT event J1 (about a company ceasing to be a member of wholly‑owned group after roll‑over)—the roll‑over asset.

855‑15  When an asset is taxable Australian property
  There are 5 categories of *CGT assets that are taxable Australian property. They are set out in this table.

CGT assets that are taxable Australian property
Item                                             Description