In the 8.2 (b),"Availability of CGT roll-over relief", it does not mention the CGT rollover relief is available to a capital loss event.
The stupid people always make things more confusing.
The ATO website gives more clear information regarding out situation, IMO. http://www.ato.gov.au/Individuals/Ind/Takeovers-and-mergers,-scrip-for-scrip-rollover/
"You can only choose the rollover if you have made a capital gain from such an exchange on or after 10 December 1999. Rollover does not apply to a capital loss."
Correct me if I am wrong. Thanks
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