Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) A * forex realisation gain or * forex realisation loss you make as a result of forex realisation event 1, 2, 3, 4 or 5 is disregarded if the event happened before the applicable commencement date.
Note: For applicable commencement date , see section 775 - 155.
(2) Subsection (1) does not apply if:
(a) you have made an election under section 775 - 150; and
(b) the Commissioner is satisfied that the event happened under, or as a result of, an * arrangement that was entered into or carried out for the purpose, or for purposes that included the purpose, of obtaining the benefit of the operation of subsection (1).