Document ID: chunk:federal_register_of_legislation:C2010C00615:clause:1_16
Version: federal_register_of_legislation:C2010C00615
Segment Type: clause
Provision Reference: sch 1 cl 16
Character Range: 21019–21588

16  Section 165‑115E (method statement, step 4)
Repeal the step, substitute:

           Step 4. If the unrealised gross loss at the relevant time exceeds the unrealised gross gain at that time, the excess is the company's preliminary unrealised net loss at that time.
           Step 5. Add up the company's preliminary unrealised net loss and any *capital loss, deduction or share of a deduction disregarded under section 170‑270 in relation to an asset referred to in paragraph 165‑115A(1A)(b). The total is the company's unrealised net loss at the relevant time.