Document ID: chunk:federal_register_of_legislation:C2014C00749:clause:15_3:p10
Version: federal_register_of_legislation:C2014C00749
Segment Type: clause
Provision Reference: sch 15 cl 3 (pt 10/10)
Character Range: 377109–378398

owned by *affected owners is less than it would have been if none of the following had happened:
 (a) the *95% services indirect value shift; and
 (b) each *predominantly‑services indirect value shift for which the same entity is the losing entity as for the 95% services indirect value shift, and that happened:
 (i) if the amount of the *indirect value shift is $500,000 or more—at any time during the ownership period; or
 (ii) otherwise—during the ownership period but within 4 years before the realisation event, or at the same time as the realisation event.

Thresholds for reduction of the total market value
 (3) It must also be reasonable to conclude that the total market value is less than it would have been by at least $500,000, and by at least the lesser of:
 (a) 5% of the total of the *adjustable values of *primary interests in the *losing entity owned by *affected owners at:
 (i) if subsection (4) applies—the time determined under that subsection; or
 (ii) otherwise—the start of the income year in which the *realisation event happens; and
 (b) the amount worked out under the table.

Alternative threshold for reduction of the total market value
Item                                                           In this case:                               The amount is: