Amount of disposition—care receiver assets test
198G Amount of disposition—care receiver assets test
If a person disposes of assets, the amount of the disposition is:
if the person receives no consideration for the destruction, disposal or diminution—an amount equal to:
the value of the assets that are destroyed; or
the value of the assets that are disposed of; or
the amount of the diminution in the value of the assets whose value is diminished; or
if the person receives consideration for the destruction, disposal or diminution—an amount equal to:
the value of the assets that are destroyed; or
the value of the assets that are disposed of; or
the amount of the diminution in the value of the assets whose value is diminished;
less the amount of the consideration received by the person in respect of the destruction, disposal or diminution.
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