Document ID: chunk:federal_register_of_legislation:C2004C00958:clause:1_14:p4
Version: federal_register_of_legislation:C2004C00958
Segment Type: clause
Provision Reference: sch 1 cl 14 (pt 4/40)
Character Range: 41684–47276

interest                                                                        for beneficiary—reduced cost base of beneficiary's capital interest less that market value

[See section 104‑85]
E8  Disposal by beneficiary of capital interest                            when disposal contract entered into or, if none, when beneficiary ceases to own CGT asset                             capital proceeds less appropriate proportion of the trust's net assets                                                                                    appropriate proportion of the trust's net assets less capital proceeds

[See section 104‑90]
E9  Creating a trust over future property                                  when entity makes agreement                                                                                           market value of the property (as if it existed when agreement made) less incidental costs in making agreement                                             incidental costs in making agreement less market value of the property (as if it existed when agreement made)

[See section 104‑105]
F1  Granting a lease                                                       for grant of lease—when entity enters into lease contract or, if none, at start of lease;                             capital proceeds less expenditure on grant, renewal or extension                                                                                          expenditure on grant, renewal or extension less capital proceeds
                                                                           for lease renewal or extension—at start of renewal or extension

[See section 104‑110]
F2  Granting a long term lease                                             for grant of lease—when lessor grants  lease;                                                                         capital proceeds from grant, renewal or extension less cost base of leased property                                                                       reduced cost base of leased property less capital proceeds from grant, renewal or extension
                                                                           for lease renewal or extension—at start of renewal or extension

[See section 104‑115]
F3  Lessor pays lessee to get lease changed                                when lease term is varied or waived                                                                                   no capital gain                                                                                                                                           amount of expenditure to get lessee's agreement

[See section 104‑120]
F4  Lessee receives payment for changing lease                             when lease term is varied or waived                                                                                   capital proceeds less cost base of lease                                                                                                                  no capital loss
[See section 104‑125]
F5  Lessor receives payment for changing lease                             when lease term is varied or waived                                                                                   capital proceeds less expenditure in relation to variation or waiver                                                                                      expenditure in relation to variation or waiver less capital proceeds

[See section 104‑130]

G1  Capital payment for shares                                             when company pays non‑assessable amount                                                                               payment less cost base of shares                                                                                                                          no capital loss
[See section 104‑135]
G2  Shifts in share values                                                 when the shift happens                                                                                                the decrease in the shares' market value (so far as it has shifted into certain other shares) less the corresponding proportion of the shares' cost base  no capital loss

[See section 104‑140 and Division 140]
G3  Liquidator declares shares worthless                                   when liquidator makes declaration                                                                                     no capital gain                                                                                                                                           shares' reduced cost base
[See section 104‑145]
H1  Forfeiture of a deposit                                                when deposit is forfeited                                                                                             deposit less expenditure in connection with prospective sale                                                                                              expenditure in connection with prospective sale less deposit

[See section 104‑150]
H2  Receipt for event relating to a CGT asset                              when act, transaction or event occurred                                                                               capital proceeds less incidental costs                                                                                                                    incidental costs less capital proceeds
[See section 104‑155]
I1  Individual