Document ID: chunk:federal_register_of_legislation:C2004C00958:clause:1_2
Version: federal_register_of_legislation:C2004C00958
Segment Type: clause
Provision Reference: sch 1 cl 2
Character Range: 478242–479482

2             The consideration is not your *ordinary income  If the consideration was your *ordinary income, it would have been *derived from an *Australian source

136‑20  Those events you cannot make a capital gain or loss from

  This table sets out those *CGT events from which you cannot make a *capital gain or *capital loss.

CGT events not relevant
Event number             Description of event:                       See section:
C3                       End of option to acquire shares etc.        104‑30
D3                       Granting a right to income from mining      104‑45
I1                       Individual or company stops being resident  104‑160
I2                       Trust stops being a resident trust          104‑170
K2                       Bankrupt pays amount in relation to debt    104‑210
K5                       Special collectable losses                  104‑225

136‑25  When an asset has the necessary connection with Australia

  There are 8 categories of *CGT assets having the necessary connection with Australia. They are set out in this table.

CGT assets having the necessary connection with Australia
Category number
                                                           Description