Document ID: chunk:federal_register_of_legislation:C2025C00029:section:2:p1
Version: federal_register_of_legislation:C2025C00029
Segment Type: section
Provision Reference: s 2 (pt 1/4)
Character Range: 6722459–6725115

2                                                              The ownership period is more than 4 years   $25,000,000

 (3A) If at the time referred to in subsection (3) a *primary interest covered by that subsection was *trading stock or a *revenue asset, its *adjustable value taken into account under that subsection is the greater of its adjustable value as a *CGT asset and its adjustable value as trading stock or a revenue asset.
 (4) If the owner of the interest is an *affected owner because of item 1, 2, 3 or 4 in the table in subsection 727‑530(1) (about who is an affected owner), the time for the purposes of subparagraph (3)(a)(i) of this section is the latest of:
 (a) the start of the income year in which the *realisation event happens; and
 (b) the start of the most recent period (if any):
 (i) that ended before or at the time of the *realisation event; and
 (ii) throughout which at least one of the group entities had the same *ultimate controller as the losing entity or the gaining entity; and
 (c) the start of the most recent period (if any):
 (i) that ended before or at the time of the realisation event; and
 (ii) within which at least one of the group entities has with the losing entity or with the gaining entity a *common‑ownership nexus.

727‑720  Abnormal service arrangement reduces value of losing entity that is not a group service provider by at least $500,000
 (1) It must be the case that at no time during the period when the owner owned the interest did the sole or dominant activity of the *losing entity consist of providing services as mentioned in subsection 727‑715(1).
 (2) It must be reasonable to conclude that the total (the total market value) of the *market values, immediately before the *realisation event, of *primary interests in the *losing entity then owned by *affected owners is less than it would have been if none of the following had happened:
 (a) the *95% services indirect value shift;
 (b) each *predominantly‑services indirect value shift that meets either of these conditions:
 (i) its amount was less than $500,000 and it happened within 4 years before the realisation event, or at the same time as the realisation event;
 (ii) its amount was $500,000 or more and it happened at any time before the realisation event, or at the same time as the realisation event;
  and that meets all of these conditions:
 (iii) the same entity is the losing entity for it as for the 95% services indirect value shift;
 (iv) it happened under a different *scheme from the 95% services indirect value shift; and
 (v) having regard to all relevant circumstances, it is reasonable to conclude that the