• Rollover relief available

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    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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    To choose rollover relief, the demerger must be an eligible demerger. The head entity will usually advise you of this.

    If you choose rollover relief:

    • you disregard any capital gain or capital loss made under the demerger, and
    • your new interests in the demerged entity are acquired on the date of the demerger. However, if a proportion of your original interests was acquired before 20 September 1985 (pre-CGT), the same proportion of your new interests in the demerged entity is treated as pre-CGT assets.

    If you do not choose rollover relief:

    • you cannot disregard any capital gain or capital loss made under the demerger, and
    • all your new interests in the demerged entity are acquired on the date of the demerger.
    Last modified: 04 Mar 2016QC 27527