Legislation

ITAA 1936 s What this Ruling is about 1 Relevant provision(s) 2 Class of entities 3 Qualifications 4 Date of effect 7 Scheme 8 Relevant Entities 9 TTC 9 Perpetual 13 Disposal of TTC shares 16 The Scheme of Arrangement 16 The Scheme Consideration 19 Non-resident shareholders 24 The Special Dividend 25 Other Matters 31 Assumptions 38 Ruling 39 CGT consequences 39 CGT event A1 39 Capital gain or capital loss 41 Capital proceeds 42 Foreign resident shareholders 44 Availability of scrip for scrip roll-over - Share Consideration 45 If scrip for scrip roll-over is chosen 47 If scrip for scrip roll-over is not chosen, or cannot be chosen 48 Discount capital gain 49 Cost base of Perpetual shares 50 If scrip for scrip roll-over is chosen 50 If scrip for scrip roll-over is not chosen, or cannot be chosen 53 Acquisition date of Perpetual shares 54 The Special Dividend 56 Assessability of the Special Dividend 57 Gross up and tax offset 58 Qualified persons 60 Refundable tax offset 64 Non-resident shareholders 65 The anti-avoidance provisions 66 Appendix 1 - Explanation 69 CGT consequences 69 CGT event A1 73 Capital proceeds 77 Discount capital gain 82 Foreign resident shareholders 85 The Special Dividend 93 Assessability of the Special Dividend 97 Gross up and tax offset 99 Qualified persons 102 Related payment rule 106 Holding period rule 112 Refundable tax offset 120 Non-resident shareholders 123 The anti-avoidance provisions 127 Section 204-30 127 Section 207-145 133 Section 177EA

ATO documents that consider ITAA 1936 s What this Ruling is about 1 Relevant provision(s) 2 Class of entities 3 Qualifications 4 Date of effect 7 Scheme 8 Relevant Entities 9 TTC 9 Perpetual 13 Disposal of TTC shares 16 The Scheme of Arrangement 16 The Scheme Consideration 19 Non-resident shareholders 24 The Special Dividend 25 Other Matters 31 Assumptions 38 Ruling 39 CGT consequences 39 CGT event A1 39 Capital gain or capital loss 41 Capital proceeds 42 Foreign resident shareholders 44 Availability of scrip for scrip roll-over - Share Consideration 45 If scrip for scrip roll-over is chosen 47 If scrip for scrip roll-over is not chosen, or cannot be chosen 48 Discount capital gain 49 Cost base of Perpetual shares 50 If scrip for scrip roll-over is chosen 50 If scrip for scrip roll-over is not chosen, or cannot be chosen 53 Acquisition date of Perpetual shares 54 The Special Dividend 56 Assessability of the Special Dividend 57 Gross up and tax offset 58 Qualified persons 60 Refundable tax offset 64 Non-resident shareholders 65 The anti-avoidance provisions 66 Appendix 1 - Explanation 69 CGT consequences 69 CGT event A1 73 Capital proceeds 77 Discount capital gain 82 Foreign resident shareholders 85 The Special Dividend 93 Assessability of the Special Dividend 97 Gross up and tax offset 99 Qualified persons 102 Related payment rule 106 Holding period rule 112 Refundable tax offset 120 Non-resident shareholders 123 The anti-avoidance provisions 127 Section 204-30 127 Section 207-145 133 Section 177EA