Document ID: chunk:federal_register_of_legislation:C2025C00029:section:14:p3
Version: federal_register_of_legislation:C2025C00029
Segment Type: section
Provision Reference: s 14 (pt 3/20)
Character Range: 1764840–1772766

cost base less capital proceeds

[See section 104‑20]
C2 Cancellation, surrender and similar endings                                                                                                                                                                                     when contract ending asset is entered into or, if none, when asset ends                                               capital proceeds from ending less asset's cost base                                                                                                       asset's reduced cost base less capital proceeds

[See section 104‑25]
C3 End of option to acquire shares etc.                                                                                                                                                                                            when option ends                                                                                                      capital proceeds from granting option less expenditure in granting it                                                                                     expenditure in granting option less capital proceeds

[See section 104‑30]
D1 Creating contractual or other rights                                                                                                                                                                                            when contract is entered into or right is created                                                                     capital proceeds from creating right less incidental costs of creating it                                                                                 incidental costs of creating right less capital proceeds

[See section 104‑35]
D2 Granting an option                                                                                                                                                                                                              when option is granted                                                                                                capital proceeds from grant less expenditure to grant it                                                                                                  expenditure to grant option less capital proceeds

[See section 104‑40]
D3 Granting a right to income from mining                                                                                                                                                                                          when contract is entered into or, if none, when right is granted                                                      capital proceeds from grant of right less expenditure to grant it                                                                                         expenditure to grant right less capital proceeds

[See section 104‑45]
D4 Entering into a conservation covenant                                                                                                                                                                                           when covenant is entered into                                                                                         capital proceeds from covenant less cost base apportioned to the covenant                                                                                 reduced cost base apportioned to the covenant less capital proceeds from covenant

[See section 104‑47]
E1 Creating a trust over a CGT asset                                                                                                                                                                                               when trust is created                                                                                                 capital proceeds from creating trust less asset's cost base                                                                                               asset's reduced cost base less capital proceeds

[See section 104‑55]
E2 Transferring a CGT asset to a trust                                                                                                                                                                                             when asset transferred                                                                                                capital proceeds from transfer less asset's cost base                                                                                                     asset's reduced cost base less capital proceeds
[See section 104‑60]
E3 Converting a trust to a unit trust                                                                                                                                                                                              when trust is converted                                                                                               market value of asset at that time less its cost base                                                                                                     asset's reduced cost base less that market value
[See section 104‑65]
E4 Capital payment for trust interest                                                                                                                                                                                              when trustee makes payment                                                                                            non‑assessable part of the payment less cost base of the trust interest                                                                                   no capital loss

[See section 104‑70]
E5 Beneficiary becoming entitled to a trust asset                                                                                                                                                                                  when beneficiary becomes absolutely entitled                                                                          for trustee—market value of CGT asset at that time less its cost base;                                                                                    for trustee—reduced cost base of CGT asset at that time less that market value;
                                                                                                                                                                                                                                                                                                                                                         for beneficiary—that market value less cost base of beneficiary's capital interest                                                                        for beneficiary—reduced cost base of beneficiary's capital interest less that market value

[See section 104‑75]
E6 Disposal to beneficiary to end income right                                                                                                                                                                                     the time of the disposal                                                                                              for trustee—market value of CGT asset at that time less its cost base;                                                                                    for trustee—reduced cost base of CGT asset at that time less that market value;
                                                                                                                                                                                                                                                                                                                                                         for beneficiary—that market value