Document ID: chunk:federal_register_of_legislation:C2010C00615:clause:2_7
Version: federal_register_of_legislation:C2010C00615
Segment Type: clause
Provision Reference: sch 2 cl 7
Character Range: 114572–115094

7  After subsection 92(2)
Insert:

 (2A) Subsection (2) does not apply to a partnership loss if the partner's interest in the partnership at the end of the income year is:
 (a) a segregated exempt asset (as defined in the Income Tax Assessment Act 1997) of a life assurance company; or
 (b) a segregated current pension asset (as defined in Part IX) of a complying superannuation fund (as defined in that Part); or
 (c) a segregated exempt superannuation asset (as defined in Part IX) of a PST (as defined in that Part).