Other acquisition rules

Item

In these circumstances:

The asset is acquired at this time:

See:

1

CGT event happens to Cocos (Keeling) Islands asset

30 June 1991

section 24P

2

Lender acquires a replacement security

before 20 September 1985

subsection 26BC(6A)

3

Trust ceases to be a resident trust for CGT purposes and there is an attributable taxpayer

when it ceases

section
102AAZBA

4

CGT event happens to CGT asset in connection with the demutualisation of an insurance company

on the demutualisation resolution day

section 121AS

5

CGT event happens to assets of NSW State Bank

at the first taxing time

section 121EN

6

You own shares in a company that stops being a PDF

just after it stops

section 124ZR

7

You acquire a number of shares that results in you obtaining a 10% (threshold) interest in a SME

when you obtained the threshold interest

section 128TI

8

A CGT asset of a CFC (that it owned on its commencing day)

on the CFC's commencing day

section 411

9

A CGT asset is owned by a tax exempt entity and it becomes taxable

at the transition time

section 57-25 of Schedule 2D

10

CGT event happens to CGT asset in connection with the demutualisation of a mutual entity other than an insurance company or health insurer

on the demutualisation resolution day

Division 326 of Schedule 2H

11

You stop holding an item as trading stock

when you stop

paragraph 70-110(b)

12

CGT event happens to 30 June 1988 asset of complying superannuation fund, complying approved deposit fund or pooled superannuation trust

30 June 1988

section 295-90

13

You are issued with a share or right under a demutualisation of a health insurer

the time the share or right is issued

sections 315-80, 315-210 and 315-260

14

You are transferred a share or right by a lost policy holders trust under a demutualisation of a health insurer

the time the share or right is issued

sections 315-145, 315-210 and 315-260

15

A CGT asset is transferred to or from a life insurance company's complying superannuation/FHSA asset pool

at the time of the transfer

Division 320

16

A CGT asset is transferred to or from the segregated exempt assets of a life insurance company

at the time of the transfer

Division 320

17

Entity becomes a subsidiary member of a consolidated group

at the time it becomes a subsidiary member

701-5

18

Entity ceases to be a subsidiary member of a consolidated group

at the time it ceases

701-40