Document ID: chunk:federal_register_of_legislation:C2019A00095:clause:2_2
Version: federal_register_of_legislation:C2019A00095
Segment Type: clause
Provision Reference: sch 2 cl 2
Character Range: 11815–12588

2  After subsection 152‑10(2B)
Insert:

Additional basic condition for CGT events involving certain rights or interests in relation to the income or capital of a partnership
 (2C) If the *CGT event involves the creation, transfer, variation or cessation of a right or interest that would entitle an entity to:
 (a) an amount of the income or capital of a partnership; or
 (b) an amount calculated by reference to a partner's entitlement to an amount of income or capital of a partnership;
it is an additional basic condition that the right or interest is a *membership interest of the entity in the partnership:
 (c) immediately after the CGT event happens; or
 (d) if the CGT event involved the cessation of the right or interest—immediately before the CGT event happens.