Related Commentary  

5(1)  The amount of any net gain or net loss referred to in regulation 4(1) shall be calculated in accordance with this regulation.

5(1A)  The net gain or net loss must be calculated in the company’s relevant currency at the time of the disposal of the asset.

5(2)  The amount of any net gain or loss shall be calculated by finding the aggregate of the amounts representing exchange gains or losses which accrued in relation to liabilities matched with the asset disposed of during the period in which the asset was held by the company disposing of it.

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