Commonwealth Consolidated Acts Commonwealth Consolidated ActsYou can choose to obtain a roll - over if a CGT event happens to your interests in a company or trust because of a demerger of an entity from the group of which the company or trust is the head entity.
There are cost base adjustments if you receive new interests under a demerger and no CGT event happens to your original interests.
Table of sections
Operative provisions
125 - 55 When a roll - over is available for a demerger
125 - 60 Meaning of ownership interest and related terms
125 - 65 Meanings of demerger group , head entity and demerger subsidiary
125 - 70 Meanings of demerger , demerged entity and demerging entity
125 - 75 Exception: employee share schemes
125 - 80 What is the roll - over?
125 - 85 Cost base adjustments where CGT event happens but no roll - over chosen
125 - 90 Cost base adjustments where no CGT event
125 - 95 No other cost base adjustment after demerger
125 - 100 No further demerger relief in some cases