Class Ruling

CR 2003/12W

Income tax: CSR Limited Demerger - CSR Employee Share Acquisition Plan

  • Please note that the PDF version is the authorised version of this withdrawal notice.
    This document has changed over time. View its history.

FOI status:

may be released


The number, subject heading, and the What this Class Ruling is about (including Tax law(s), Class of persons and Qualifications sections), Date of effect, Withdrawal, Arrangement and Ruling parts of this document are a 'public ruling' in terms of Part IVAAA of the Taxation Administration Act 1953. CR 2001/1 explains Class Rulings and Taxation Rulings TR 92/1 and TR 97/16 together explain when a Ruling is a public ruling and how it is binding on the Commissioner.


1. This Ruling is withdrawn on 30 June 2003 and ceases to have effect for income years commencing after that date. The Ruling continues to apply, in respect of the tax laws ruled upon to all persons within the specified class who enter into a specified arrangement during the term of the Ruling. Thus the Ruling continues to apply to those persons, even following its withdrawal, for arrangements entered into prior to the withdrawal of the Ruling. This is subject to there being no change in the arrangement or in the persons' involvement in the arrangement.

Commissioner of Taxation
26 February 2003

Not previously issued in draft form.


ATO references:
NO 2003/001867

ISSN: 1445-2014

Related Rulings/Determinations:

TR 92/1
TR 92/20
TR 97/16
CR 2001/1

Subject References:
capital gains
cessation time
cost base adjustments
demerger dividend
discount capital gain
employee share acquisition scheme
present entitlement
qualifying shares
return of capital

Legislative References:
ITAA 1936 Part III
ITAA 1936 13A
ITAA 1936 44
ITAA 1936 44(4)
ITAA 1936 97
ITAA 1936 97(1)(a)
ITAA 1936 139C(1)
ITAA 1936 139CA
ITAA 1936 139CA(2)
ITAA 1936 139CA(2)(a)
ITAA 1936 139CA(2)(b)
ITAA 1936 139CA(2)(d)
ITAA 1936 139CA(3)
ITAA 1936 139CC(3)
ITAA 1936 139CC(4)
ITAA 1936 139CD
ITAA 1936 139E
ITAA 1936 139FA
ITAA 1936 139FB
ITAA 1997 3-1
ITAA 1997 102-5(1)
ITAA 1997 104-10(1)
ITAA 1997 104-10(2)
ITAA 1997 104-10(4)
ITAA 1997 104-75(1)
ITAA 1997 104-75(5)
ITAA 1997 104-75(6)
ITAA 1997 104-135(1)
ITAA 1997 109-5(1)
ITAA 1997 112-20(1)
ITAA 1997 115-A
ITAA 1997 115-25
ITAA 1997 115-215
ITAA 1997 115-215(3)(a)
ITAA 1997 115-215(3)(b)
ITAA 1997 115-215(6)
ITAA 1997 125
ITAA 1997 125-55(1)
ITAA 1997 130-D
ITAA 1997 130-83(2)
ITAA 1997 130-83(3)
TAA 1953 Part IVAAA
Copyright Act 1968

CR 2003/12W history
  Date: Version: Change:
  1 July 2002 Original ruling  
You are here 1 July 2003 Withdrawn