This section applies to you in relation to a * CGT event if:
(a) the CGT event happens in relation to a * CGT asset; and
(b) you * acquired the CGT asset or your * ownership interest in it:
(i) as a result of an earlier CGT event; and
(ii) as a beneficiary of a trust; and
(c) section 118- 220 applied to the trustee of the trust in relation to the earlier CGT event and the CGT asset.