Document ID: chunk:federal_register_of_legislation:C2025C00029:section:3:p64
Version: federal_register_of_legislation:C2025C00029
Segment Type: section
Provision Reference: s 3 (pt 64/80)
Character Range: 4504207–4506840

day you are required to lodge your *income tax return for the income year in which the CGT event happened;
 (ii) 30 days after the day you receive the capital proceeds.
 (3) For the purposes of paragraph (2)(a), ignore the requirement in paragraph 152‑105(b) if you are permanently incapacitated at the time of the *CGT event but were not permanently incapacitated at the time the relevant *CGT asset was acquired.
 (4) The requirement in this subsection is met if:
 (a) just before a *CGT event, you were a *CGT concession stakeholder of an entity that could, under section 152‑110, disregard any *capital gain arising from the CGT event (or would be able to do so, assuming that a capital gain arose from the event); and
 (b) the entity makes a payment to you before the later of:
 (i) 2 years after the CGT event; and
 (ii) if the CGT event happened because the entity *disposed of the relevant *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 that CGT asset and the disposal; and
 (c) the contribution is equal to all or part of your stakeholder's participation percentage (within the meaning of subsection 152‑125(2)) of the *capital proceeds from the CGT event (but not exceeding the amount of the payment mentioned in paragraph (b)); and
 (d) the contribution is made within 30 days after the payment mentioned in paragraph (b).
 (5) In determining whether the conditions in subsection (2) or (4) are satisfied for a *CGT event in relation to a *pre‑CGT asset, treat the asset as a *post‑CGT asset.
 (6) For the purposes of paragraph (4)(a), ignore the requirement in paragraph 152‑110(1)(b) if a *significant individual was permanently incapacitated at the time of the *CGT event but was not permanently incapacitated when the relevant *CGT asset was acquired.
 (7) The requirement in this subsection is met if:
 (a) the contribution is equal to all or part of the *capital gain from a *CGT event that you disregarded under subsection 152‑305(1); and
 (b) the contribution is made on or before the later of the following days:
 (i) the day you are required to lodge your *income tax return for the income year in which the CGT event happened;
 (ii) 30 days after the day you receive the *capital proceeds from the CGT event.
 (8) The requirement in this subsection is met if:
 (a) just before a *CGT event, you were a *CGT concession stakeholder of an entity that could, under subsection 152‑305(2), disregard all or part of a *capital gain arising from the CGT event; and
 (b) the entity makes a payment to you that satisfies