The ATO on Wed 9.4.2014, released the following Class Rulings:
- CR 2014/36: CFS Retail Property Trust Group stapled security – units in CFS Retail Property Trust 2 replaced by shares in CFX Co Limited. According to the Ruling, CGT event A1 happened when the unit holders of CFS Retail Property Trust 1 (CFX 1) transferred their units in CFS Retail Property Trust 2 (CFX 2) to CFX Co Limited in partial consideration for CFX Co Limited issuing shares in itself to the unit holders of CFX 1. The Ruling applies from 1 July 2013 to 30 June 2014.
- CR 2014/37: Nyrstar Hobart Pty Ltd – early retirement scheme. It states that the early retirement scheme to be implemented by Nyrstar Hobart Pty Ltd is an early retirement scheme for the purposes of s 83-180 of the ITAA 1997. The Ruling applies from Wed 9.4.2014.
- CR 2014/38: Queensland Urban Utilities 2014 early retirement scheme. It states that the early retirement scheme to be implemented by Queensland Urban Utilities is an early retirement scheme for the purposes of s 83-180 of the ITAA 1997. The Ruling applies from Wed 9.4.2014 to 31.12.2014
[LTN 68, 9/4/14]