Document ID: chunk:federal_register_of_legislation:C2010C00603:clause:1_6
Version: federal_register_of_legislation:C2010C00603
Segment Type: clause
Provision Reference: sch 1 cl 6
Character Range: 10988–11504

6  At the end of section 711‑30
Add:

 (3) However, that amount is the asset's *market value at the leaving time if:
 (a) the asset (the receivable) is a right to receive lease payments under a lease; and
 (b) the receivables *tax cost was set when an entity (whether the leaving entity or another entity) became a *subsidiary member of the old group; and
 (c) the receivable was taken to be a *retained cost base asset for the purposes of Division 705 when its tax cost was set, because of paragraph 705‑56(3)(b).