Document ID: chunk:federal_register_of_legislation:C2021C00098:clause:1_1
Version: federal_register_of_legislation:C2021C00098
Segment Type: clause
Provision Reference: sch 1 cl 1
Character Range: 7439–8359

1                                                                    any amount to include in the *R&D entity's assessable income for the present year because of a *balancing adjustment event happening for an asset it *held  (a) paragraph 40‑292(1)(b); or                            its adjusted section 40‑285 amount (see subsection 40‑292(5) or 355‑315(3)) for the present year, the asset and the *balancing adjustment event
                                                                                                                                                                                                                                 (b) paragraph 355‑315(1)(c);
                                                                                                                                                                                                                                 for the asset