Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) For the purposes of this Act (other than this Division), the * ESS interest (and the * share or right of which it forms part) is taken to have been acquired for its * market value (rather than for its discounted value).
Note: Regulations made for the purposes of section 83A - 315 may substitute a different amount for the market value of the ESS interest.
(2) Subsection (1) does not apply to an * ESS interest that is a beneficial interest in a right (or to the right of which it forms part), if section 83A - 33 (about start ups) reduces the amount to be included in your assessable income in relation to the interest.