If the fund has capital gains disregarded or deferred as a result of an application of a CGT exemption or rollover, print X in the Yes box at M. Otherwise print X in the No box. If you selected Yes you may need to provide details of certain CGT exemptions or rollovers, if you are required to lodge a Capital gains tax (CGT) schedule 2013.
Print in the code box at M the appropriate code, from the list below, for the CGT exemption or rollover applied to disregard or defer a capital gain. Choose the most specific rollover or exemption that applies. For example, choose ‘Scrip for scrip rollover (Subdivision 124-M)’ before the more general rollover ‘Replacement asset rollovers (Division 124)’.
If more than one CGT exemption or rollover applies, select all the codes that apply. If you are lodging on a paper return, print the code that corresponds to the CGT exemption or rollover that resulted in the largest amount of capital gain disregarded or deferred.
CGT exemption or rollover code: |
|
|---|---|
Code |
Type |
A |
Small business active asset reduction (subdivision 152-C) |
B |
Small business retirement exemption (Subdivision152-D) |
C |
Small business rollover (Subdivision 152-E) |
D |
Small business 15 year exemption (Subdivision152-B) |
F |
Scrip for scrip rollover (Subdivision 124-M) |
L |
Replacement asset rollovers (Division 124): |
M |
Exchange of shares or units (Subdivision 124-E) |
N |
Exchange of rights or options (Subdivision 124-F) |
O |
Exchange of shares in one company for shares in another company (Subdivision 124-G) |
P |
Exchange of units in a unit trust for shares in a company (Subdivision 124-H) |
Q |
Disposal of assets by a trust to a company (Subdivision 124-N) |
S |
Same asset rollovers (Division 126) |
X |
Other exemptions and rollovers |
See also