Chapter 5-Investment in shares and units

Warning:

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

End of attention

This chapter explains your CGT obligations if you sold or otherwise disposed of any shares or units in a unit trust (including a managed fund) in 2001-02. For information about distributions from a unit trust in 2001-02, see chapter 4.

Note-Managed fund

A managed fund is a unit trust. Where we refer to a unit trust in this guide we are also referring to a managed fund.

Note-Listed investment companies

From 1 July 2001, if a listed investment company (LIC) pays a dividend to you that includes an LIC capital gain amount, you may be entitled to a deduction. If you have received such an amount you should refer to the publication You and your shares.