Document ID: chunk:federal_register_of_legislation:C2011C00698:clause:6_142:p2
Version: federal_register_of_legislation:C2011C00698
Segment Type: clause
Provision Reference: sch 6 cl 142 (pt 2/2)
Character Range: 199325–200292

which you were a beneficiary disposed of all of its CGT assets to the company.

Application of tests about when you acquired the share

 (2) Sections 115‑25 and 115‑40 apply as if you had *acquired the *share at least 12 months before the *CGT event.

Application of tests about the company's assets

 (3) For each asset mentioned in subparagraph (1)(c)(i), subsections 115‑45(4) and (6) apply as if the company had *acquired that asset when you acquired it.

 (4) For each asset mentioned in subparagraph (1)(c)(ii), subsections 115‑45(4) and (6) apply as if the company had *acquired that asset when you acquired your interests in it.

 (5) For each asset mentioned in subparagraph (1)(c)(iii), subsections 115‑45(4) and (6) apply as if the company had *acquired that asset when the trust acquired it.

Relationship with Subdivision 109‑A

 (6) This section has effect despite Subdivision 109‑A (which contains rules about the time of acquisition of CGT assets).