Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) There are these consequences for the company in a creation case if you choose to obtain a roll - over.
(2) The first element of the created asset's * cost base (in the hands of the company) is the applicable amount from the table in subsection 122 - 65(2).
Example: To continue the example in section 122 - 65, the cost base of the licence in Tiffin Pty Ltd's hands is $1,000.
(3) The first element of the created asset's * reduced cost base (in the hands of the company) is worked out similarly.