Commonwealth Consolidated Acts

INCOME TAX ASSESSMENT ACT 1997 - SECT 112.37

    The first element of the * cost base and * reduced cost base of a right to * dispose of a * share in a company that you * acquire as a result of * CGT event D2 happening to the company is the sum of:

  (a)   the amount that is included in your assessable income as ordinary income as a result of your acquisition of the right; and

  (b)   the amount (if any) that you paid to acquire the right.

Table of sections

112 - 40   Effect of this Subdivision

112 - 45   CGT events

112 - 46   Annual cost base adjustment for member's unit or interest in AMIT

112 - 48   Gifts acquired by associates

112 - 50   Main residence

112 - 53   Scrip for scrip roll - over

112 - 53AA   Statutory licences

112 - 53AB   Change of incorporation

112 - 53A   MDO roll - over

112 - 53B   Exchange of stapled ownership interests for units in a unit trust

112 - 53C   Water entitlement roll - overs

112 - 54   Demergers

112 - 54A   Transfer of assets between certain trusts

112 - 55   Effect of you dying

112 - 60   Bonus shares or units

112 - 65   Rights

112 - 70   Convertible interests

112 - 77   Exchangeable interests

112 - 78   Exploration investments

112 - 80   Leases

112 - 85   Options

112 - 87   Residency

112 - 90   An asset stops being a pre - CGT asset

112 - 92   Demutualisation of certain entities

112 - 95   Transfer of tax losses and net capital losses within wholly - owned groups of companies

112 - 97   Modifications outside this Part and Part   3 - 3