Commonwealth Consolidated Acts Commonwealth Consolidated ActsA * capital loss made by an entity that was a member of a * demerger group from a * CGT event happening to a * CGT asset under a * demerger or after a demerger is reduced to the extent that the capital loss is reasonably attributable to a reduction in the * market value of the asset because of the demerger.
Example: The market value of equity or loan interests in the demerging entity may be reduced by the disposal, for inadequate value, of ownership interests of another member of the demerger group to owners of original interests in the head entity of the group.