Document ID: chunk:federal_register_of_legislation:C2004C00958:clause:1_3:p22
Version: federal_register_of_legislation:C2004C00958
Segment Type: clause
Provision Reference: sch 1 cl 3 (pt 22/22)
Character Range: 416123–417688

its *reduced cost base is worked out similarly.

Creation case
Event No.      Applicable amount
D1             the *incidental costs the transferor incurred that relate to the trigger event
D2             the expenditure the transferor incurred to grant the option
D3             the expenditure the transferor incurred to grant the right
F1             the expenditure the transferor incurred on the grant, renewal or extension of the lease

  The expenditure can include giving property: see section 103‑5.

126‑15  CGT event involving company or trustee

 (1) There are the roll‑over consequences in section 126‑5 if the trigger event involves a company (the transferor) or a trustee (also the transferor) and a *spouse or former spouse (the transferee) of another individual because of:

 (a) a court order under the Family Law Act 1975 or a corresponding *foreign law; or

 (b) a maintenance agreement approved by a court under section 87 of that Act or a corresponding agreement approved by a court under a corresponding *foreign law; or

 (c) a court order under a *State law, *Territory law or *foreign law relating to de facto marriage breakdowns.

 (2) There are other consequences if:

 (a) just before the time of the trigger event, an entity (including the transferee) owned another *CGT asset of a kind covered by this table; and

 (b) the entity *acquired it on or after 20 September 1985; and

 (c) a *CGT event happens in relation to it.

Relevant CGT assets
Item                 For this transferor:  The entity can own these assets: