Legislation

ITAA 1997 s What this Ruling is about 1 Relevant provision(s) 2 Class of entities 3 Qualifications 4 Date of effect 6 Scheme 7 Share capital of Village 8 Conversion of shares 12 Return of capital 14 Other matters 17 Ruling 20 Return of capital is not a dividend 20 The application of sections 45A, 45B and 45C 21 Capital gains tax 22 CGT event G1 22 Value shifting 23 Appendix 1 - Explanation 24 Return of capital is not a dividend 24 Anti-avoidance provisions will not apply 26 Section 45A 27 Section 45B 30 Section 45C 34 Capital gains tax 35 Conversion of shares 35 Return of capital 37 CGT event G1 - section 104-135

ATO documents that consider ITAA 1997 s What this Ruling is about 1 Relevant provision(s) 2 Class of entities 3 Qualifications 4 Date of effect 6 Scheme 7 Share capital of Village 8 Conversion of shares 12 Return of capital 14 Other matters 17 Ruling 20 Return of capital is not a dividend 20 The application of sections 45A, 45B and 45C 21 Capital gains tax 22 CGT event G1 22 Value shifting 23 Appendix 1 - Explanation 24 Return of capital is not a dividend 24 Anti-avoidance provisions will not apply 26 Section 45A 27 Section 45B 30 Section 45C 34 Capital gains tax 35 Conversion of shares 35 Return of capital 37 CGT event G1 - section 104-135