Document ID: chunk:federal_register_of_legislation:C2024C00267:section:8:p20
Version: federal_register_of_legislation:C2024C00267
Segment Type: section
Provision Reference: s 8 (pt 20/48)
Character Range: 277695–280344

for the event as if:
 (a) a reference in those sections to the purpose of conducting R&D activities for which you were registered under section 27A of the Industry Research and Development Act 1986;
included:
 (b) a reference to the purpose described in paragraph (1)(b) of this section.

Normal rules do not apply for the asset and the event
 (3) Neither of the following sections:
 (a) sections 104‑235 and 104‑240 of the new Act (as amended by the Tax Laws Amendment (Research and Development) Act 2011);
 (b) sections 104‑235 and 104‑240 of the new Act (as those sections apply because of Part 2 of Schedule 4 to the Tax Laws Amendment (Research and Development) Act 2011);
to the extent that they would otherwise apply apart from this section to the R&D entity for the event, do so apply to the R&D entity for the event.
Note 1: The sections described in paragraph (a) would otherwise apply for the event in a case where the R&D entity had used the asset for the purpose of conducting R&D activities for which it was registered under section 27A of the Industry Research and Development Act 1986.
Note 2: The sections described in paragraph (b) would otherwise apply in respect of the purpose described in paragraph (1)(b) of this section.

Division 108—CGT assets

Table of Subdivisions
108‑A What a CGT asset is
108‑B Collectables
108‑D Separate CGT assets

Subdivision 108‑A—What a CGT asset is

Table of sections
108‑5 CGT assets

108‑5  CGT assets
  If:
 (a) an entity owned a thing that is not a form of property before 26 June 1992 and at all times from that day to the start of the entity's 1998‑99 income year; and
 (b) that thing was not, before 26 June 1992, an asset as defined in former section 160A of the Income Tax Assessment Act 1936;
the thing is not a CGT asset.

Subdivision 108‑B—Collectables

Table of sections
108‑15 Sets of collectables

108‑15  Sets of collectables
  Section 108‑15 of the Income Tax Assessment Act 1997 does not apply to a collectable you own that you last acquired before 16 December 1995.
Note: That section has special rules for the separate disposal of collectables that are a set.

Subdivision 108‑D—Separate CGT assets

Table of sections
108‑75 Capital improvements to CGT assets for which a roll‑over may be available
108‑85 Improvement threshold

108‑75  Capital improvements to CGT assets for which a roll‑over may be available

 (1) Subsection 108‑75(2) of the Income Tax Assessment Act 1997 applies to a roll‑over under former section 160ZWA of the Income Tax Assessment Act 1936 in the same way that it applies to a roll‑over under Subdivision 124‑J of the Income Tax Assessment Act 1997.