Document ID: chunk:federal_register_of_legislation:C2025C00029:section:3:p54
Version: federal_register_of_legislation:C2025C00029
Segment Type: section
Provision Reference: s 3 (pt 54/54)
Character Range: 1222606–1223314

your proceeds and the plant's cost, or that part of its cost that is attributable to the interest you disposed of.
 (3) However, the amount is not reduced under this section if:
 (a) the *plant was a *pre‑CGT asset at the time of the *balancing adjustment event; or
 (b) a *capital gain or *capital loss from the plant or interest would be disregarded because of a provision listed in the table in this subsection if:
 (i) you had made the gain or loss from *CGT event A1; and
 (ii) that CGT event had happened at the time of the balancing adjustment event.

Plant for which a reduction is not made under this section
Item                                                        Provision       Subject matter