Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) If you * acquired some of the assets on or after 20 September 1985, you are taken to have acquired a whole number of the * shares (but not all of them) before that day. The number is the greatest possible that (when expressed as a percentage of all the shares) does not exceed:
• the total of the * market values of the assets (except any * precluded assets) that you acquired before that day, less any liabilities the company undertakes to discharge in respect of those assets;
expressed as a percentage of:
• the total of the market values of all the assets, less any liabilities the company undertakes to discharge in respect of those assets.
(2) The first element of each other * share's * cost base is the sum of the * market values of the * precluded assets and the cost bases of the other assets that you * acquired on or after that day (less any liabilities the company undertakes to discharge in respect of all of those assets) divided by the number of those other shares.
Note: There are special indexation rules for roll - overs: see Division 114.
(3) The first element of each other * share's * reduced cost base is worked out similarly.
(4) The * market value of an asset is worked out when you * disposed of it. The * cost base or * reduced cost base of an asset is worked out at the same time.