Commonwealth Consolidated Acts Commonwealth Consolidated ActsIf the accruals method applies to a gain or loss you have from a * financial arrangement:
(a) you use section 230 - 130 to work out the period over which the gain or loss is to be spread; and
(b) you use section 230 - 135 to work out how to allocate the gain or loss to particular intervals within the period over which the gain or loss is to be spread; and
(c) if an interval to which part of the gain or loss is allocated straddles 2 income years, you use section 230 - 170 to work out how to allocate that part of the gain or loss allocated between those 2 income years.