Document ID: chunk:federal_register_of_legislation:C2025C00029:section:7:p2
Version: federal_register_of_legislation:C2025C00029
Segment Type: section
Provision Reference: s 7 (pt 2/58)
Character Range: 2304195–2307017

the fund; and
 (ii) the entity *acquired the right to the payment or property for consideration.
 (3) Subsection (2) does not apply if:
 (a) a *payment split applies to a *splittable payment; and
 (b) as a result, a payment is made to the *non‑member spouse (or to his or her *legal personal representative if the non‑member spouse has died).

118‑310  RSA's
  A *capital gain or *capital loss you make from a *CGT event happening in relation to a right to, or any part of, an *RSA is disregarded.

118‑313  Superannuation agreements under the Family Law Act
  A *capital gain or *capital loss you make from *CGT event C2 or D1 relating directly to any of the following is disregarded:
 (a) the making of a superannuation agreement (within the meaning of Part VIIIB or VIIIC of the Family Law Act 1975);
 (b) the termination, or setting aside, of such an agreement;
 (c) such an agreement otherwise coming to an end.

118‑315  Segregated exempt assets of life insurance companies
  A *capital gain or *capital loss that a *life insurance company makes from a *CGT event happening in relation to a *segregated exempt asset is disregarded.

118‑320  Segregated current pension assets of a complying superannuation entity
 (1) A *capital gain or *capital loss that a *complying superannuation entity makes from a *CGT event happening in relation to a *segregated current pension asset is disregarded.
 (2) However, subsection (1) does not apply to a *capital gain if the capital gain would, if it were an amount of *ordinary income or *statutory income received by the *complying superannuation fund, be *non‑arm's length income.

Subdivision 118‑E—Units in pooled superannuation trusts

118‑350  Units in pooled superannuation trusts
 (1) A *capital gain or *capital loss an entity makes from a *CGT event happening in relation to a unit in a unit trust is disregarded if:
 (a) the trust is a *pooled superannuation trust for the income year in which the event happened; and
 (b) one of the conditions in subsection (2) is satisfied.
 (2) The entity must be:
 (a) the trustee of a *complying superannuation entity for the income year in which the *CGT event happened; or
 (b) a *life insurance company and, just before the event happened, the unit must have been a *complying superannuation asset or a *segregated exempt asset of the company.

Subdivision 118‑F—Venture capital investment

Guide to Subdivision 118‑F

118‑400  What this Subdivision is about

      You can ignore capital gains and capital losses from CGT events that relate to investments, in Australian companies and unit trusts (and in some cases foreign holding companies), that meet the requirements of this Subdivision.
      These investments are made:

                (a) through limited partnerships, known as venture capital limited partnerships