Legislation

ITAA 1936 s What this Ruling is about 1 Relevant provision(s) 2 Class of entities 3 Qualifications 4 Date of effect 8 Scheme 9 Background 10 Relevant entities 11 FGL 11 Treasury Wine 16 Pre-demerger transactions 19 The demerger of Treasury Wine 20 Sale Facility 23 Accounting for the distribution to effect the demerger 27 Reasons for the demerger 28 Other matters 29 Ruling 32 CGT consequences 32 CGT event G1 32 Capital Gain 33 Demerger roll-over relief 35 Choosing demerger roll-over relief for pre-CGT FGL shares 37 Choosing demerger roll-over relief for post-CGT FGL shares 38 Demerger roll-over relief is not chosen for pre-CGT FGL shares 41 Demerger roll-over relief is not chosen for post-CGT FGL shares 42 Acquisition date of the Treasury Wine shares for the purpose of the CGT discount 43 Demerger dividend 45 Application of sections 45B, 45BA and 45C

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 8 Scheme 9 Background 10 Relevant entities 11 FGL 11 Treasury Wine 16 Pre-demerger transactions 19 The demerger of Treasury Wine 20 Sale Facility 23 Accounting for the distribution to effect the demerger 27 Reasons for the demerger 28 Other matters 29 Ruling 32 CGT consequences 32 CGT event G1 32 Capital Gain 33 Demerger roll-over relief 35 Choosing demerger roll-over relief for pre-CGT FGL shares 37 Choosing demerger roll-over relief for post-CGT FGL shares 38 Demerger roll-over relief is not chosen for pre-CGT FGL shares 41 Demerger roll-over relief is not chosen for post-CGT FGL shares 42 Acquisition date of the Treasury Wine shares for the purpose of the CGT discount 43 Demerger dividend 45 Application of sections 45B, 45BA and 45C