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CD 11: Avoidance arrangements
or “Rules for treating certain tax-avoiding arrangements as dividends”
You could also call this:

“How superannuation schemes are treated when they become superannuation funds”

When a superannuation scheme is treated as a company because it’s a unit trust, and it becomes a superannuation fund, something important happens. You need to know that the company is treated as if it has been liquidated. This means it’s considered to have ended its business operations. This liquidation is treated as happening just before the scheme changes to become a superannuation fund.

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Next up: CD 13: Notional distributions of producer boards and co-operative companies

or “Special dividends for producer boards and co-operative companies”
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Part C Income
Income from equity

CD 12Superannuation schemes entering trust rules

  1. This section applies when a superannuation scheme that is treated as a company because it is a unit trust becomes a superannuation fund.

  2. The company is treated as liquidated immediately before the date on which the scheme becomes a superannuation fund.

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