Document ID: chunk:federal_register_of_legislation:C2010C00643:clause:2_3
Version: federal_register_of_legislation:C2010C00643
Segment Type: clause
Provision Reference: sch 2 cl 3
Character Range: 4336–4841

3  After section 118‑13
Insert:

118‑14  GST Direct Assistance Certificate

  A *capital gain or *capital loss you make in the 1999‑2000 or 2000‑01 income year is disregarded if the gain or loss is from a *CGT event that happens when you use a certificate that:
 (a) is commonly called a GST Direct Assistance Certificate; and
 (b) is issued to you by an organisation known as the GST Start‑Up Assistance Office in the Department of the Treasury; and
 (c) is expressed to have a maximum value of $200.