Document ID: chunk:federal_register_of_legislation:C2010C00611:clause:4_2
Version: federal_register_of_legislation:C2010C00611
Segment Type: clause
Provision Reference: sch 4 cl 2
Character Range: 89392–91035

2                                                                you make a *forex realisation loss as a result of forex realisation event 4, and:                                                                                                                                                 (a) the forex realisation loss is not deductible under section 775‑30; and
                                                                 (a) the obligation to pay *foreign currency was incurred:                                                                                                                                                                         (b) both the *cost base and the *reduced cost base of the CGT asset are increased by an amount equal to the *forex realisation loss.
                                                                 (i) in return for the acquisition of a *CGT asset; or
                                                                 (ii) as the second, third, fourth or fifth element of the *cost base of a CGT asset; and
                                                                 (b) item 9 of the table in subsection 775‑55(7) applies; and
                                                                 (c) the foreign currency became due for payment within 12 months after the time when:
                                                                 (i) if subparagraph (a)(i) applies—you acquired the CGT asset (worked out under Division 109); or
                                                                 (ii) if subparagraph (a)(ii) applies—you incurred the relevant expenditure