Document ID: chunk:federal_register_of_legislation:C2016A00010:clause:1_3:p2
Version: federal_register_of_legislation:C2016A00010
Segment Type: clause
Provision Reference: sch 1 cl 3 (pt 2/2)
Character Range: 10902–11756

before subsection 118‑565(2) applied.
The tax‑related liability need not be a liability of that entity.
Note: Subsection 118‑565(2) restricts look‑through earnout rights to rights to financial benefits over a period not exceeding 5 years from the end of the income year in which the CGT event happens.
 (5) If, after providing or receiving a *financial benefit under a right referred to in subsection (3) or (4):
 (a) you are dissatisfied with an assessment referred to in that subsection; and
 (b) the Commissioner notifies you that the Commissioner has decided under that subsection not to amend your assessment;
you may object against the assessment, to the extent that it does not take account of that right's character (as a *look‑through earnout right or not such a right), in the manner set out in Part IVC of the Taxation Administration Act 1953.