Document ID: chunk:federal_register_of_legislation:C2004C00958:clause:2_177
Version: federal_register_of_legislation:C2004C00958
Segment Type: clause
Provision Reference: sch 2 cl 177
Character Range: 794441–795033

177  Subsection 110(1)
Insert:

overall capital loss means:

 (a) for the general fund class—the amount by which the total of the non‑exempt ordinary capital gains for that class is less than the total of the ordinary capital losses for that class; or

 (b) for the CS/RA class—the amount by which the total non‑exempt modified capital gain for that class is less than the total modified capital loss for that class; or

 (c) for any other class—the amount by which the total non‑exempt ordinary capital gain for that class is less than the total ordinary capital loss for that class.