This section explains your CGT obligations if you sold or otherwise disposed of any shares or units in a unit trust (including a managed fund) in the 2011-12 income year. It also explains what happens when you have a CGT event under a demerger. For information about distributions from a unit trust (other than under a demerger) in the 2011-12 income year, see Trust distributions.
Managed fund
A managed fund is a unit trust. Where we refer to a unit trust in this guide we are also referring to a managed fund.
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