Commonwealth Consolidated Acts Commonwealth Consolidated ActsWhere a person disposes of assets, the amount of the disposition is:
(a) if the person receives no consideration for the diminution in the value of the assets--an amount equal to the amount of the diminution in the value of the assets; or
(b) if the person receives consideration for the diminution in the value of the assets--an amount equal to the amount of the diminution in the value of the assets less the amount of the consideration received by the person in respect of the diminution.
Note: If subsection 52ZZZWM(2) applies in relation to the transfer of an asset to a special disability trust, that subsection has the effect of reducing the amount of the disposal or disposition.