Document ID: chunk:federal_register_of_legislation:C2008A00097:clause:3_86
Version: federal_register_of_legislation:C2008A00097
Segment Type: clause
Provision Reference: sch 3 cl 86
Character Range: 40503–41063

86  Section 102‑20 (notes 3 and 4)
Repeal the notes, substitute:

Note 3: You may make a capital gain or capital loss as a result of a CGT event happening to another entity: see subsections 115‑215(3), 170‑275(1) and 170‑280(3).

Note 4: You cannot make a capital loss from a CGT event that happens to your original interests during a trust restructuring period if you choose a roll‑over under Subdivision 124‑N.

Note 5: The capital loss may be affected if the CGT asset was owned by a member of a demerger group just before a demerger: see section 125‑170.