Document ID: chunk:federal_register_of_legislation:C2016A00010:clause:1_8
Version: federal_register_of_legislation:C2016A00010
Segment Type: clause
Provision Reference: sch 1 cl 8
Character Range: 19866–20536

8  Before subsection 104‑190(1)
Insert:
 (1A) If you choose a small business roll‑over under Subdivision 152‑E for a *CGT event that happens in relation to a *CGT asset in an income year, the replacement asset period is the period:
 (a) starting one year before the last CGT event in the income year for which you obtain the roll‑over; and
 (b) ending at the later of:
 (i) 2 years after that last CGT event; and
 (ii) if the first‑mentioned CGT event happened because you *disposed of the CGT asset—6 months after the latest time a possible *financial benefit becomes or could become due under a *look‑through earnout right relating to the CGT asset and the disposal.