On the CE1 page I had said several times that for those who had...

On the CE1 page I had said several times that for those who had bought in below 12.6 cents then this was tax free income. I want to clarify this is not the case and after reading the ruling (point 11 copied below) I realise that it is treated as a CGT event. So an unfortunate surprise for me as preparing taxes and more annoying as would have sold out before suspension had realised this was the case. Hopefully others didn't make my mistake. Taxes aren't my strong point.

CGT event G1

10. CGT event G1 happened on the Payment Date in respect of each Calima share you owned on the Record Date and continued to own on the Payment Date (section 104-135). You cannot make a capital loss when CGT event G1 happens (Note 1 to subsection 104-135(3)).

11. You made a capital gain under CGT event G1 if the amount of the return of capital of 12.63c per Calima share was more than the cost base of your Calima share (subsection 104-135(3)). The amount of the capital gain is equal to the excess. If you made a capital gain, the share's cost base and reduced cost base is reduced to nil.