Class Ruling
CR 2003/87A - Addendum
Income tax: Preference share buy-back: Village Roadshow Limited
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FOI status:
may be releasedAddendum
This Addendum amends Class Ruling CR 2003/87 to acknowledge that the proposed off-market buy-back of preference shares under a Scheme of Arrangement to be resubmitted to shareholders for approval, as announced by Village Roadshow Limited (VRL) on 20 November 2003, is materially the same arrangement that is the subject of this Ruling.
CR 2003/87 is amended as follows:
Class of persons
Omit paragraph 3, and substitute:
3. The class of persons to which this Ruling applies is the preference shareholders of VRL who dispose of shares under the VRL preference share off-market buy-back scheme of arrangement as resubmitted for shareholders' approval in accordance with VRL's announcement of 20 November 2003, and as described in the Arrangement part of this Ruling.
This Addendum applies on and from today.
Commissioner of Taxation
3 December 2003
References
ATO references:
NO 2003/11684
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