When the current ESS rules do not apply

The current ESS rules do not apply to your ESS interests, if you acquired them before 1 July 2009 and they were:

• non-qualifying shares or rights
• qualifying shares or rights, and you elected to be taxed upfront under the previous law, or
• qualifying shares or rights, and a cessation time happened to the shares or rights before 1 July 2009.

In these cases, the previous law will continue to apply.

See also:

• For more information on how to apply the previous law, see ESS interests with a taxing point before 1 July 2009.