Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) A * 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).
(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.
(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.
Table of sections
725 - 365 Decreases in adjustable values of down interests (with pre - shift gains), and taxing events generating a gain
725 - 370 Uplifts in adjustable values of up interests under certain table items
725 - 375 Uplifts in adjustable values of up interests under other table items
725 - 380 Decreases in adjustable value of down interests (with pre - shift losses)