Document ID: chunk:federal_register_of_legislation:C2007A00055:clause:1_13:p2
Version: federal_register_of_legislation:C2007A00055
Segment Type: clause
Provision Reference: sch 1 cl 13 (pt 2/2)
Character Range: 11988–13316

incurred *fourth element expenditure in relation to a CGT asset (also the replacement asset); and
 (b) at the end of the replacement asset period, the replacement asset is your *active asset; and
 (c) if the replacement asset is a *share in a company or an interest in a trust, at the end of the replacement asset period:
 (i) you, or an entity *connected with you, are a *CGT concession stakeholder in the company or trust; or
 (ii) CGT concession stakeholders in the company or trust have a *small business participation percentage in you of at least 90%; and
 (d) the total (the amount incurred) of the following, in relation to each replacement asset that satisfied paragraph (b) and, if applicable, paragraph (c), is less than the amount of the capital gain that you disregarded:
 (i) the first element of the *cost base;
 (ii) the *incidental costs you incurred (which can include giving property, see section 103‑5);
 (iii) the amount of fourth element expenditure incurred.

 (2) The time of the event is at the end of the replacement asset period.

 (3) You make a capital gain equal to the difference between:
 (a) the amount of the *capital gain that you disregarded under Subdivision 152‑E; and
 (b) the amount incurred.

 (4) The replacement asset period may be modified or extended as mentioned in section 104‑190.