Legislation

ITAA 1936 s Summary - what this ruling is about 1 Relevant provisions 2 Class of entities 3 Qualifications 6 Date of effect 10 Scheme 11 SGL 13 The offer of the Capital Notes 2 17 Reasons for issuing the Capital Notes 2 23 Terms of the Capital Notes 2 26 Distribution calculation 29 Distribution payment conditions 32 Restrictions in the case of non-payment of Distributions 36 Mandatory Conversion 38 Non-Viability Conversion 41 Write-Off 46 Optional Exchange of the Capital Notes 2 by SGL 48 Conversion on an Acquisition Event 51 Conversion Mechanics 52 Redemption Mechanics 57 Resale Mechanics 60 Ranking of the Capital Notes 2 on Winding-Up 62 Other matters 63 Ruling 64 Acquisition time of the Capital Notes 2 64 Cost base and reduced cost base of the Capital Notes 2 65 Inclusion of Distributions and franking credits in assessable income 66 Entitlement to a tax offset 68 Exempt income or non-assessable non-exempt income 69 Franking credit subject to the refundable tax offset rules 70 Imputation benefits - streaming 71 Section 177EA

ATO documents that consider ITAA 1936 s Summary - what this ruling is about 1 Relevant provisions 2 Class of entities 3 Qualifications 6 Date of effect 10 Scheme 11 SGL 13 The offer of the Capital Notes 2 17 Reasons for issuing the Capital Notes 2 23 Terms of the Capital Notes 2 26 Distribution calculation 29 Distribution payment conditions 32 Restrictions in the case of non-payment of Distributions 36 Mandatory Conversion 38 Non-Viability Conversion 41 Write-Off 46 Optional Exchange of the Capital Notes 2 by SGL 48 Conversion on an Acquisition Event 51 Conversion Mechanics 52 Redemption Mechanics 57 Resale Mechanics 60 Ranking of the Capital Notes 2 on Winding-Up 62 Other matters 63 Ruling 64 Acquisition time of the Capital Notes 2 64 Cost base and reduced cost base of the Capital Notes 2 65 Inclusion of Distributions and franking credits in assessable income 66 Entitlement to a tax offset 68 Exempt income or non-assessable non-exempt income 69 Franking credit subject to the refundable tax offset rules 70 Imputation benefits - streaming 71 Section 177EA