• Creation cases

    Attention

    Warning:

    This information may not apply to the current year. Check the content carefully to ensure it is applicable to your circumstances.

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    You, a company or a trustee of a trust:

    • create a contractual or other right in favour of your spouse (CGT event D1)
    • grant an option to your spouse or renew or extend an option granted to them (CGT event D2)
    • own a prospecting or mining entitlement, or an interest in one, and grant your spouse a right to receive income from operations carried on by the entitlement (CGT event D3)
    • are a lessor and grant, renew or extend a lease to your spouse (CGT event F1).

    There is no roll-over if the CGT asset involved is trading stock of the transferor spouse, company or trust.

    Last modified: 18 Sep 2009QC 18323