(1) An entity that chooses a roll-over under this Subdivision must choose the form of the roll-over that applies to each of the following:
(a) the original assets that are not * revenue assets;
(b) the original assets that are revenue assets.
(2) In respect of original assets that are not * revenue assets, the entity choosing the roll-over must choose either section 310- 55 (global asset approach) or 310-60 (individual asset approach) to apply to the original assets and the corresponding received assets.
(3) In respect of original assets that are * revenue assets, the entity choosing the roll-over must choose either section 310- 65 (global asset approach) or 310-70 (individual asset approach) to apply to the original assets and the corresponding received assets.
Note: The entity choosing the form of the roll-over may choose different forms of roll-over for its CGT assets and revenue assets.
Table of sections
310-55 CGT assets--if global asset approach chosen
310-60 CGT assets--individual asset approach
310-65 Revenue assets--if global asset approach chosen
310-70 Revenue assets--individual asset approach
310-75 Further consequences for roll-overs involving life insurance companies