Document ID: chunk:federal_register_of_legislation:C2025C00014:section:401:p3
Version: federal_register_of_legislation:C2025C00014
Segment Type: section
Provision Reference: s 401 (pt 3/3)
Character Range: 2002017–2002893

was an attribution surplus immediately before a CGT event, and the amount of such a surplus, also take into account any attribution credit that later arises because the CGT event caused section 104‑175 of the Income Tax Assessment Act 1997 (as it notionally applies to the CGT event entity under this Division) to operate.
 (7) In this section:
interest, in relation to an attribution account entity, means:
 (a) if the entity is a company—an interest in shares in the company, or an entitlement to acquire such an interest; or
 (b) if the entity is a partnership—an interest of a partner in the profits or property of the partnership, or an entitlement of a partner to acquire such an interest; or
 (c) if the entity is a trust—an entitlement of a beneficiary to a share of the income or corpus of the trust, or an entitlement of a beneficiary to acquire such an entitlement.