Document ID: chunk:federal_register_of_legislation:C2010C00577:clause:4_12
Version: federal_register_of_legislation:C2010C00577
Segment Type: clause
Provision Reference: sch 4 cl 12
Character Range: 58527–59143

12  At the end of section 58‑90
Add:

 (2) In working out the decline in value of a *privatised asset held by a *transition entity:
 (a) if section 40‑102 applied to the asset for the purposes of subsection 58‑75(5A)—section 40‑102 applies to the asset and applies as if the relevant time for the asset for the purposes of that section were the *transition time; or
 (b) if section 40‑102 did not apply to the asset for the purposes of subsection 58‑75(5A) or section 58‑80—section 40‑102 does not apply to the asset.

Note: The heading to section 58‑90 is altered by inserting "and effective life" after "Method".