(1) CGT event K10 happens if:
(a) you make a * forex realisation gain as a result of forex realisation event 2; and
(b) item 1 of the table in subsection 775-70(1) applies.
(2) The time of the event is when the forex realisation event happens.
(3) You make a capital gain equal to the * forex realisation gain.
Note: You cannot make a capital loss under CGT event K10. However, if you make a forex realisation loss covered by item 1 of the table in subsection 775-75(1), you will make a capital loss under CGT event K11 ( see section 104- 265).