Commonwealth Consolidated Acts Commonwealth Consolidated ActsUse the following method statement to work out the uplift in * adjustable value of an * up interest under:
(a) item 1 or 2 of the table in subsection 725 - 250(2); or
(b) item 1 of the table in subsection 725 - 335(3).
Method statement
Step 1. If the * market value of the * up interest increases because of the * direct value shift, group together all up interests of the kind referred to in the relevant item that:
(a) immediately before the * increase time, had the same * adjustable value as the up interest; and
(b) sustained the same increase in market value as the up interest because of the * direct value shift.
If the * up interest is issued at a * discount, group together all * up interests of the kind referred to in the relevant item that:
(c) immediately before the * increase time, had the same * adjustable value as the up interest; and
(d) because of the direct value shift, are issued at the same discount as the up interest.
Step 2. The notional adjustable value of the value shifted from the * down interests referred to in the relevant item to all the * up interests referred to in that item has already been worked out under one or more applications of step 3 of the method statement in section 725 - 365.
Step 3. Use the following formula to work out how much of that notional adjustable value is attributable to the value shifted to the group of * up interests referred to in step 1 of this method statement:
Step 4. The uplift in the * adjustable value of the * up interest under the relevant item is equal to:
