Ann: ATO Class Ruling on In-specie Distribution of TRT Shares, page-6

1. Acquisition date of the TRR shares
   
   
   34. For CGT purposes, a TNG shareholder acquired their TRR shares on the Demerger Date, 23 March 2017 (subsection 109-5(2)).
   
   35. However, for the purposes of determining eligibility to a discount capital gain, the TRR shares acquired by a TNG shareholder as a result of the demerger are taken to have been acquired on the date the shareholder acquired, for CGT purposes, the corresponding TNG shares(Item 2 of the table in subsection 115-30(1)). This is the case whether or not the shareholder chooses demerger roll-over.

This is the most important to me - So if your TNG shares have been held for over 12mths, then even if you sell your TRR shares within 12mths, the gain will attract the CGT discount?