Legislation

ITAA 1936 s What this Ruling is about 1 Relevant provisions 2 Class of entities 3 Qualifications 4 Date of effect 7 Scheme 8 AusNet Services structure prior to the Restructure 9 Transmission 12 Distribution 15 Finance Trust 18 Restructure of AusNet Services 20 Detailed steps in the Restructure of AusNet Services 23 Ineligible Foreign Security Holders 32 Assumptions 36 Ruling 37 De-stapling of the AusNet Services stapled securities 37 Disposal of Transmission shares - CGT event A1 38 Disposal of Transmission shares - Division 615 roll-over 41 Division 615 roll-over is chosen 42 Division 615 roll-over is not chosen 43 Disposal of Finance Trust units - CGT event A1 45 Disposal of Finance Trust units - Division 615 roll-over 48 Division 615 roll-over is chosen 49 Division 615 roll-over is not chosen 50 Disposal of the Distribution shares - CGT event A1 52 Disposal of Distribution shares - Division 615 roll-over 55 Division 615 roll-over is chosen 56 Division 615 roll-over is not chosen 57 Acquisition time of NewCo shares if roll-over is chosen 59 Acquisition time of NewCo shares if roll-over is not chosen 60 No CGT event on the consolidation of NewCo shares 61 Consolidated NewCo shares - first element of the cost base where roll-over is chosen 62 Consolidated NewCo shares - first element of the cost base where roll-over is not chosen 64 The anti-avoidance provisions 66 Part IVA

ATO documents that consider ITAA 1936 s What this Ruling is about 1 Relevant provisions 2 Class of entities 3 Qualifications 4 Date of effect 7 Scheme 8 AusNet Services structure prior to the Restructure 9 Transmission 12 Distribution 15 Finance Trust 18 Restructure of AusNet Services 20 Detailed steps in the Restructure of AusNet Services 23 Ineligible Foreign Security Holders 32 Assumptions 36 Ruling 37 De-stapling of the AusNet Services stapled securities 37 Disposal of Transmission shares - CGT event A1 38 Disposal of Transmission shares - Division 615 roll-over 41 Division 615 roll-over is chosen 42 Division 615 roll-over is not chosen 43 Disposal of Finance Trust units - CGT event A1 45 Disposal of Finance Trust units - Division 615 roll-over 48 Division 615 roll-over is chosen 49 Division 615 roll-over is not chosen 50 Disposal of the Distribution shares - CGT event A1 52 Disposal of Distribution shares - Division 615 roll-over 55 Division 615 roll-over is chosen 56 Division 615 roll-over is not chosen 57 Acquisition time of NewCo shares if roll-over is chosen 59 Acquisition time of NewCo shares if roll-over is not chosen 60 No CGT event on the consolidation of NewCo shares 61 Consolidated NewCo shares - first element of the cost base where roll-over is chosen 62 Consolidated NewCo shares - first element of the cost base where roll-over is not chosen 64 The anti-avoidance provisions 66 Part IVA