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EW 41: Consideration when person enters rules: accrued entitlement
or “How to calculate money owed to you when financial rules start applying”
You could also call this:

“How to calculate value when you get something for free or less than it's worth in a financial arrangement”

When you become part of a financial arrangement, you might get something without paying for it or by paying less than what it’s worth. If this happens, the law treats it as if you paid the full value of what you got on the day you got it. This applies even if you didn’t actually pay anything or if you paid less than the market price. The law acts as if you paid the full market price for your part of the financial arrangement.

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Next up: EW 43: Consideration when debt disposed of at discount to associate of debtor

or “Special rules for debt sold at a discount to someone connected to the debtor”
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Part E Timing and quantifying rules
Financial arrangements rules: Consideration treated as paid by person

EW 42Consideration when acquisition for no, or inadequate, consideration

  1. This section applies when—

  2. a person becomes a party to a financial arrangement; and
    1. the person acquires an entitlement under the arrangement—
      1. not for monetary consideration; or
        1. for a consideration that is less than the market value of the entitlement on the date of the acquisition.

        2. The person is treated as having paid the market value that the entitlement had on the date of the acquisition.

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