Document ID: chunk:federal_register_of_legislation:C2004A00658:clause:1_2
Version: federal_register_of_legislation:C2004A00658
Segment Type: clause
Provision Reference: sch 1 cl 2
Character Range: 2326–3048

2  Paragraphs 960‑110(c) and (d)
Repeal the paragraphs, substitute:
 (c) the beneficial ownership of the interests in the entity of a member of the entity to whom, because of a particular change, this Subdivision applies in relation to those interests is taken not to have altered as a result of the change; and
 (d) without limiting by implication any other effect of the above paragraphs:
 (i) the changes are taken not to have resulted in a CGT event in respect of the entity; and
 (ii) in so far as this Subdivision applies to a member of the entity because of a particular change, the change is taken not to have resulted in a CGT event in respect of the member in relation to the member's interests in the entity.