Document ID: chunk:federal_register_of_legislation:C2010C00611:clause:3_3
Version: federal_register_of_legislation:C2010C00611
Segment Type: clause
Provision Reference: sch 3 cl 3
Character Range: 23683–25356

3                                    You exercise rights issued to you to *acquire the *shares, units or options, and you acquired the original shares or *convertible interests, or the original units or convertible interests, before 20 September 1985.  The first element of your *cost base for the shares, units or options is the sum of:
                                                                                                                                                                                                                                                             (a) the *market value of the rights when they were exercised; and
                                                                                                                                                                                                                                                             (b) any amount paid to exercise the rights, except to the extent that the amount is represented in the paragraph (a) amount; and
                                                                                                                                                                                                                                                             (c) all the amounts to be added under subsection (6A).
                                                                                                                                                                                                                                                             The first element of their *reduced cost base is worked out similarly.