Income Tax Assessment Act 1936

SCHEDULE 2H - DEMUTUALISATION OF MUTUAL ENTITIES OTHER THAN INSURANCE COMPANIES AND HEALTH INSURERS  

Division 326 - DEMUTUALISATION  

Subdivision 326-A - Application, key concepts and related expressions  

SECTION 326-25   326-25   DEMUTUALISATION SHARES  
The demutualisation shares , in relation to a demutualised entity, are:

(a) the ordinary shares in the entity that are issued as mentioned in paragraphs 326-45(1)(c) and (d); and

(b) the ordinary shares in the holding company that are issued as mentioned in paragraphs 326-50(1)(d) and (e); and

(ba) the ordinary shares in the entity that are issued as mentioned in paragraphs 326-52(1)(c) and (e); and

(bb) the ordinary shares in the holding company that are issued as mentioned in paragraphs 326-52(1)(f) and (g); and

(c) the ordinary shares in the entity that are issued as mentioned in paragraphs 326-55(1)(f) and (g); and

(d) the special shares in the entity that are issued as mentioned in paragraph 326-55(1)(c) .