Document ID: chunk:federal_register_of_legislation:C2010C00615:clause:1_65
Version: federal_register_of_legislation:C2010C00615
Segment Type: clause
Provision Reference: sch 1 cl 65
Character Range: 109785–110800

65  Paragraphs 170‑280(3)(a) to (e)
Repeal the paragraphs, substitute:
 (a) the *CGT asset referred to in subsection (1) (the relevant CGT asset), or a greater than 50% interest in it, ceases to exist;
 (b) the relevant CGT asset, or a greater than 50% interest in it, is *acquired by an entity that is none of the following:
 (i) a member of the linked group of which the originating company is a member;
 (ii) a connected entity of the originating company;
 (iii) an *associate of such a connected entity;
 (c) if the relevant CGT asset is acquired by a company that is a member of that linked group—that company ceases to be a member of that linked group;
 (d) the originating company ceases to be a member of that linked group;
 (e) if the relevant CGT asset is acquired by an entity that is a connected entity of the originating company or is an associate of such a connected entity—that entity ceases to be such a connected entity or ceases to be an associate of such a connected entity, as the case may be;