Class Ruling

CR 2013/15A1 - Addendum

Income tax: Leighton Holdings Limited Equity Incentive Plan

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Addendum

This Addendum is a public ruling for the purposes of the Taxation Administration Act 1953. It amends Class Ruling CR 2013/15 to reflect that cash payments are only made by the Participant's employing entity.

CR 2013/15 is amended as follows:

1. Paragraph 26

Omit the paragraph; substitute:

26. The cash payment in lieu of notional accrued dividends will be made to the Participant by the Participant's employing entity, through the payroll on the next available pay run following vesting (Notional Dividend payment).

2. Paragraph 39

Omit from the first sentence the words 'method A'.

3. Paragraph 40

Omit the paragraph.

4. Paragraph 76

Omit from the first sentence the word 'method A'.

5. Paragraph 7

Omit the paragraph.

This Addendum applies on and from 1 January 2018.

Commissioner of Taxation
20 December 2017

© AUSTRALIAN TAXATION OFFICE FOR THE COMMONWEALTH OF AUSTRALIA

You are free to copy, adapt, modify, transmit and distribute this material as you wish (but not in any way that suggests the ATO or the Commonwealth endorses you or any of your services or products).

References

ATO references:
NO 1-COH7BUX