Document ID: chunk:federal_register_of_legislation:C2010C00604:clause:21_2
Version: federal_register_of_legislation:C2010C00604
Segment Type: clause
Provision Reference: sch 21 cl 2
Character Range: 292967–293845

2  Section 104‑5 (after table row relating to event number L1)
Insert:
L2 Amount remaining after step 3A etc. of joining allocable cost amount is negative                 Just after entity becomes subsidiary member  amount remaining  no capital loss
[See section 104‑505]
L3 Tax cost setting amounts for retained cost base assets exceed joining allocable cost amount      Just after entity becomes subsidiary member  amount of excess  no capital loss
[See section 104‑510]
L4 No reset cost base assets against which to apply excess of net allocable cost amount on joining  Just after entity becomes subsidiary member  no capital gain   amount of excess
[See section 104‑515]
L5 Amount remaining after step 4 of leaving allocable cost amount is negative                       When entity ceases to be subsidiary member   amount remaining  no capital loss
[See section 104‑520]