Disregard a * capital gain or * capital loss of an entity from a * CGT event that happens in relation to a * CGT asset if:
(a) the CGT asset forms part of the estate of a deceased individual who is mentioned in paragraph 315 - 5(b); and
(b) the entity is the deceased individual's * legal personal representative or a beneficiary in the deceased individual's estate; and
(c) the CGT asset devolves to the entity or * passes to the entity; and
(d) the CGT event happens under a demutualisation to which this Division applies; and
(e) the CGT asset is covered by section 315 - 20.