Document ID: chunk:federal_register_of_legislation:C2010C00604:clause:4_4:p2
Version: federal_register_of_legislation:C2010C00604
Segment Type: clause
Provision Reference: sch 4 cl 4 (pt 2/2)
Character Range: 58108–59440

became a *subsidiary member of the group was taken into account in working out your *allocable cost amount for the subsidiary member in accordance with Division 705 (your ACA); and
 (b) the liability was later discharged (whether by the making of a payment or by the release, waiver or other extinguishment of the liability) and the sum (the realised amount) of:
 (i) the amount of any payment made to discharge the liability; and
 (ii) the market value of any other consideration given to discharge the liability;
  differs from the amount for the liability that was taken into account in working out your ACA; and
 (c) that ACA is different to what it would have been (your true ACA) if you had taken the realised amount into account in working out your ACA.

 (4) You make a capital gain for the head company core purposes mentioned in subsection 701‑1(2) if your ACA would have been smaller had you used the realised amount in working out your ACA. The amount of the gain is the difference between the amount you worked out and your true ACA.

 (5) You make a capital loss for the head company core purposes mentioned in subsection 701‑1(2) if your ACA would have been greater had you used the realised amount in working out your ACA. The amount of the loss is the difference between the amount you worked out and your true ACA.