Document ID: chunk:federal_register_of_legislation:C2010C00615:clause:2_79
Version: federal_register_of_legislation:C2010C00615
Segment Type: clause
Provision Reference: sch 2 cl 79
Character Range: 129253–129753

79  Section 115‑100
Repeal the section, substitute:

115‑100  What is the discount percentage for a discount capital gain

  The discount percentage for an amount of a *discount capital gain is:
 (a) 50% if the gain is made:
 (i) by an individual; or
 (ii) by a trust (other than a trust that is a *complying superannuation entity); or
 (b) 331/3% if the gain is made:
 (i) by a complying superannuation entity; or
 (ii) by a *life insurance company from a *CGT asset that is a *virtual PST asset.