Legislation

ITAA 1936 s 177EA(5)(b) 53 Gross-up and tax offset denied in certain circumstances 54 Section 45 57 Section 45A 58 Section 45B 59 Ordinary Shares not a dividend 60 Each PERLS VII will not be a traditional security 61 PERLS VII are convertible interests 63 Exchange of PERLS VII - CGT implications 64 Acquisition of Ordinary Shares on Exchange - CGT implications 66 Cost base and reduced cost base of Ordinary Shares 66 Acquisition time of Ordinary Shares 67 Appendix 1 - Explanation 68 Acquisition time of PERLS VII 68 Cost base and reduced cost base of PERLS VII 70 Inclusion of Distributions and franking credits in assessable income 72 Entitlement to a tax offset 77 Franking credit subject to the refundable tax offset rules 78 Imputation benefits - streaming of imputation benefits 81 Determination under paragraph 177EA(5)(b)

ATO documents that consider ITAA 1936 s 177EA(5)(b) 53 Gross-up and tax offset denied in certain circumstances 54 Section 45 57 Section 45A 58 Section 45B 59 Ordinary Shares not a dividend 60 Each PERLS VII will not be a traditional security 61 PERLS VII are convertible interests 63 Exchange of PERLS VII - CGT implications 64 Acquisition of Ordinary Shares on Exchange - CGT implications 66 Cost base and reduced cost base of Ordinary Shares 66 Acquisition time of Ordinary Shares 67 Appendix 1 - Explanation 68 Acquisition time of PERLS VII 68 Cost base and reduced cost base of PERLS VII 70 Inclusion of Distributions and franking credits in assessable income 72 Entitlement to a tax offset 77 Franking credit subject to the refundable tax offset rules 78 Imputation benefits - streaming of imputation benefits 81 Determination under paragraph 177EA(5)(b)