Document ID: chunk:federal_register_of_legislation:C2025C00029:section:2:p19
Version: federal_register_of_legislation:C2025C00029
Segment Type: section
Provision Reference: s 2 (pt 19/59)
Character Range: 2579826–2582586

company—*shares *on issue by the replacement entity; and
                (b) if the replacement entity is a company—options, rights and similar interests issued by the replacement entity that give the holder an entitlement to acquire a share in the replacement entity at or after the completion time; and
                (c) if the replacement entity is a trust—units or other interests in the replacement entity; and
                (d) if the replacement entity is a trust—options, rights or similar interests issued by the replacement entity that gives the holder an entitlement to acquire a unit or other interest in the replacement entity at or after the completion time.

Application if an entity is listed
 (3) For the purposes of:
 (a) subsection (2); and
 (b) step 5 of the method statement in subsection 124‑784B(2);
if interests in an entity are listed for quotation in the official list of an *approved stock exchange at the completion time, then the replacement entity may choose that the *market value at that time of an interest in the first‑mentioned entity is taken to be the *officially quoted price of the interest at that time.

Application if more than one original entity
 (4) If qualifying interests in more than one original entity are *acquired under the *arrangement, then, for the purposes of subsections (1) and (2):
 (a) those interests of each of those original entities are taken to have been acquired under separate arrangements; and
 (b) those separate arrangements are taken to have happened in the same order as the acquisitions.
 (5) If qualifying interests in more than one original entity:
 (a) would be taken by subsection (4) to have been *acquired under separate *arrangements happening at the same time; or
 (b) are acquired under separate arrangements that commence at the same time;
then, for the purposes of subsections (1) and (2), the replacement entity must choose the order in which those separate arrangements are to have happened.

Meaning of officially quoted price
 (6) An interest in an entity has an officially quoted price at a particular time if, during the one week period starting on the day in which that time occurred, there was at least one transaction on the relevant stock exchange in interests of that class. That price is the weighted average of the prices at which those interests were traded on that stock exchange during that period.
 (7) For the purposes of subsection (6), if an interest is quoted on 2 or more *approved stock exchanges on that day, the officially quoted price of the interest is determined under subsection (6) in respect of whichever of those the entity chooses.

124‑784B  What is the cost base and reduced cost base when arrangement is a restructure?
 (1) This section