It's soon to be tax time yet again. I've been through this ATO...

It's soon to be tax time yet again. I've been through this ATO ruling regarding the restructure and formation of CRF, but I'm not an accountant so I'm having trouble.

http://www.centroretailaustralia.com.au/uploads//News_Publications_and_Financial_Reports/Financial%20Information/Taxation_Guidance/Tax_Guide/cr2012-008.pdf

It *seems* (to me) to say that the restructure itself doesn't trigger a capital gains event. So for example, if I originally bought shares in CER @ 5c, my cost base for the new CRF shares simply becomes 5.29x5c = 26.45c

I'll be ever grateful if someone can confirm or deny this. Or possible explain in simple terms if I've got it wrong.

Cheers...