Product Ruling

PR 2022/7A1 - Addendum

Bell Equity Lever - instalment receipts

Addendum

This Addendum is a public ruling for the purposes of the Taxation Administration Act 1953. It amends Product Ruling PR 2022/7 to incorporate a new Product Disclosure Statement.

PR 2022/7 is amended as follows:

1. Paragraph 2

Omit the words 'dated 13 June 2019'.

2. Paragraph 16

(a) Omit the first dot point; substitute:

application for a Product Ruling as constituted by documents and information received on 9 June 2022, 30 June 2022 and 22 August 2023

(b) At the end of the second dot point, omit ', and'.

(c) After the second dot point, insert:

Bell Equity Lever Product Disclosure Statement (including a Short Form Product Disclosure Statement and Incorporation by Reference) dated 30 September 2022, and

3. Paragraph 19

(a) In subparagraph (a), after the words 'for a term of up to 10 years', insert new footnote 3:

3 Increased to a term of up to 25 years for Instalment Receipts issued under the PDS dated 30 September 2022.

(b) In subparagraph (j), after the words '10 years from the date of acquisition of the Instalment Receipt', insert new footnote 4:

4 Increased to 25 years from the date of acquisition of the Instalment Receipt for Instalment Receipts issued under the PDS dated 30 September 2022.

This Addendum applies before and after its date of issue.

Commissioner of Taxation
27 September 2023

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References

ATO references:
NO 1-Z2GMBHB

ISSN: 2205-6114

Business Line:  PW