14‑215 Excluded transactions14‑215 Excluded transactions

#### 14‑215 Excluded transactions A transaction that results in the \*acquisition of a \*CGT asset is excluded under this section if: (b) the transaction is on an \*approved stock exchange; or (c) the transaction is conducted using a crossing system (within the meaning of the \*market integrity rules); or (d) an amount is already required to be withheld (other than under Subdivision 14‑E) from a \*withholding payment relating to the transaction; or (e) subsection 26BC(3) of the Income Tax Assessment Act 1936 (about securities lending arrangements) applies in relation to the transaction as a result of the transaction being covered by subparagraph (a)(ii) of that subsection; or (f) any of the entities to which subsection 14‑210(1) (about foreign residents) applies at the time of the transaction: (i) is a company for which any of the conditions in paragraph 161A(1)(a) of the Corporations Act 2001 (about insolvency and external administration) is satisfied; or (ii) is, under a \*foreign law, in the same or a similar position to a company covered by subparagraph (i); or (g) the transaction arises from any of the following: (i) the administration of the estate of a bankrupt; (ii) a composition or scheme of arrangement accepted under Division 6 of Part IV of the Bankruptcy Act 1966; (iii) a debt agreement under Part IX of that Act; (iv) a personal insolvency agreement under Part X of that Act; (v) circumstances that are, under a foreign law, the same or similar to those in any of the above subparagraphs. > Note: This section is relevant to whether you must pay an amount to the Commissioner under section 14‑200.