Document ID: chunk:federal_register_of_legislation:C2004C00958:clause:1_1
Version: federal_register_of_legislation:C2004C00958
Segment Type: clause
Provision Reference: sch 1 cl 1
Character Range: 326771–327642

1                                           The partners *dispose of their interests in a *CGT asset to, or create a CGT asset in, the company  (a) a *collectable or a *personal use asset; or

                                                                                                                                                (b) a decoration awarded for valour or brave conduct (except if a partner paid money or gave any other property for it); or

                                                                                                                                                (c) a *precluded asset; or

                                                                                                                                                (d) an asset that becomes *trading stock of the company just after the *disposal or creation