Document ID: chunk:federal_register_of_legislation:C2004C00958:clause:2_234
Version: federal_register_of_legislation:C2004C00958
Segment Type: clause
Provision Reference: sch 2 cl 234
Character Range: 805193–805725

234  Subsection 116E(1)
Insert:

notional CGT event means:

 (a) a CGT event that involves a CGT asset (unless a capital gain or capital loss arising from the event is to be disregarded); or

 (b) a CGT event:

 (i) that involves a CGT asset; and

 (ii) for which there would be a roll‑over under Part 3‑3 of the Income Tax Assessment Act 1997 if subsection 306(1) of this Act applied to that asset;

  (unless a capital gain or capital loss arising from the event would have to be disregarded even without the roll‑over).