This Division sets out the ways in which you can acquire a CGT asset and the time of acquisition.

The time of acquisition is important for indexation, and for the exemption of assets acquired before 20   September 1985.

Generally, you acquire a CGT asset when you become its owner. You can also acquire a CGT asset:

  •   as a result of a CGT event happening: see section   109 - 5; or

  •   in other circumstances: see section   109 - 10.

This Division also directs you to special acquisition rules in other Divisions.