Are there any tax consequences for me?

If you participated in the MSF scheme, a number of tax consequences may apply to you.

• Disposing of your MSF member shares (that is, exchanging them for MyState shares) is a capital gains tax (CGT) event that may have given you a capital gain or capital loss. Refer to What are the CGT consequences of exchanging my MSF member shares.
• If you made a capital gain from the disposal of your MSF member shares, you may elect to choose scrip for scrip rollover relief. If you choose scrip for scrip rollover relief, any capital gain made on the disposal of your MSF member shares is disregarded. Refer to Scrip for scrip rollover relief.
• Selling your MyState shares through the share sale facility free from brokerage charges is a CGT event that may result in a capital gain or capital loss for you. Refer to What are the CGT consequences when I sell or otherwise dispose of my MyState shares?
• If you participated in the MSF scheme and did not sell your MyState Shares under the share sale facility offered under the MSF scheme, you will have another CGT event when you eventually sell those MyState shares.
• If you purchased your MSF member shares before 20 September 1985, CGT event K6 may apply. Refer to If you acquired your MSF member shares prior to 20 September 1985.