Document ID: chunk:federal_register_of_legislation:C2010C00611:clause:1_15
Version: federal_register_of_legislation:C2010C00611
Segment Type: clause
Provision Reference: sch 1 cl 15
Character Range: 7393–8587

15  After section 130‑90
Insert:

Subdivision 130‑E—Exchangeable interests

Table of sections

130‑100 Exchangeable interest
130‑105 Shares acquired in exchange for the disposal or redemption of an exchangeable interest

130‑100  Exchangeable interest

  An exchangeable interest is a *traditional security that:
 (a) was issued on the basis that it will or may be:
 (i) disposed of to the issuer of the traditional security or to a *connected entity of the issuer of the traditional security; or
 (ii) redeemed;
  in exchange for *shares in a company that is neither:
 (iii) the issuer of the traditional security; nor
 (iv) a connected entity of the issuer of the traditional security; and
 (b) was issued on or after 1 July 2001.

130‑105  Shares acquired in exchange for the disposal or redemption of an exchangeable interest

Cost base and reduced cost base

 (1) The table has effect:

Exchange of an exchangeable interest
Item                                  In this situation:                                                                                                                                 The rules about cost base and reduced cost base are modified in this way...