Income Tax Assessment Act 1997
View history note
Hide history noteA * down interest or * up interest of which you are an * affected owner may be covered by 2 or more items in the table in subsection 725-335(3) .
725-340(2)
If the * adjustable value of the same * down interest or * up interest is decreased or uplifted under 2 or more items, it is decreased or uplifted by the total of the amounts worked out under those items.
Note:
If subsection 725-335(3A) is relevant, it will affect all the uplifts worked out under all those items.
725-340(3)
If for a particular * down interest there is a * taxing event generating a gain under an item, that taxing event is in addition to:
(a) each taxing event generating a gain for that interest under any other item in the table; and
(b) each decrease in the * adjustable value of the interest under that or any other item in the table.
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