Document ID: chunk:federal_register_of_legislation:C2011C00698:clause:5_215
Version: federal_register_of_legislation:C2011C00698
Segment Type: clause
Provision Reference: sch 5 cl 215
Character Range: 157598–158274

215  After subsection 711‑45(6A)
Insert:

Increase for non‑share capital account balance

 (6B) The step 4 amount is increased by the amount that would be the balance of the leaving entity's *non‑share capital account, assuming that:
 (a) if the leaving entity is not a company—the leaving entity were a company; and
 (b) each *non‑membership equity interest (if any) in the leaving entity held at just before the leaving time by a person other than a *member of the old group were a *non‑share equity interest in the leaving entity; and
 (c) the non‑share equity interests (if any) mentioned in paragraph (b) were the only non‑share equity interests in the leaving entity.