Document ID: chunk:federal_register_of_legislation:C2010C00604:clause:26_7
Version: federal_register_of_legislation:C2010C00604
Segment Type: clause
Provision Reference: sch 26 cl 7
Character Range: 354389–354895

7  At the end of section 165‑115ZD
Add:

 (5) If the equity or debt is a *revenue asset at the time of the *realisation event, subsection (2) applies on the basis that the realised loss is the total of:
 (a) the loss (if any) *realised for income tax purposes by the realisation event happening to the equity or debt in its character as a *CGT asset; and
 (b) the loss (if any) realised for income tax purposes by the realisation event happening to the equity or debt in its character as a revenue asset.