Document ID: chunk:federal_register_of_legislation:C2021C00098:clause:1_1a
Version: federal_register_of_legislation:C2021C00098
Segment Type: clause
Provision Reference: sch 1 cl 1A
Character Range: 11504–12107

1A  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) of the Income Tax (Transitional Provisions) Act 1997; or  its adjusted section 40‑285 amount (see subsection 40‑292(3) or 355‑320(4) of that Act) for the present year, the asset and the *balancing adjustment event
                                                                                                                                                                (b) paragraph 355‑320(1)(c) of that Act