Legislation

ITAA 1936 s Summary - what this Ruling is about 1 Relevant provision(s) 2 Class of entities 3 Qualifications 6 Date of effect 10 Scheme 11 SGL 13 The offer of the Capital Notes 17 Reasons for issuing the Capital Notes 23 Terms of the Capital Notes 27 Distribution calculation 30 Distribution payment conditions 33 Restrictions in the case of non-payment of Distributions 37 Mandatory Conversion 39 Non-Viability Conversion 42 Write-Off 47 Optional Exchange of the Capital Notes by SGL 49 Conversion on an Acquisition Event 52 Conversion Mechanics 53 Redemption Mechanics 58 Resale Mechanics 61 Ranking of the Capital Notes on Winding-Up 63 Other matters 64 Ruling 65 Acquisition time of the Capital Notes 65 Cost base and reduced cost base of the Capital Notes 66 Inclusion of Distributions and franking credits in assessable income 67 Entitlement to a tax offset 69 Exempt income or non-assessable non-exempt income 70 Franking credit subject to the refundable tax offset rules 71 Imputation benefits - streaming 72 Section 177EA

ATO documents that consider ITAA 1936 s Summary - what this Ruling is about 1 Relevant provision(s) 2 Class of entities 3 Qualifications 6 Date of effect 10 Scheme 11 SGL 13 The offer of the Capital Notes 17 Reasons for issuing the Capital Notes 23 Terms of the Capital Notes 27 Distribution calculation 30 Distribution payment conditions 33 Restrictions in the case of non-payment of Distributions 37 Mandatory Conversion 39 Non-Viability Conversion 42 Write-Off 47 Optional Exchange of the Capital Notes by SGL 49 Conversion on an Acquisition Event 52 Conversion Mechanics 53 Redemption Mechanics 58 Resale Mechanics 61 Ranking of the Capital Notes on Winding-Up 63 Other matters 64 Ruling 65 Acquisition time of the Capital Notes 65 Cost base and reduced cost base of the Capital Notes 66 Inclusion of Distributions and franking credits in assessable income 67 Entitlement to a tax offset 69 Exempt income or non-assessable non-exempt income 70 Franking credit subject to the refundable tax offset rules 71 Imputation benefits - streaming 72 Section 177EA