Here is the extract from the latest Disclosure Document...

Here is the extract from the latest Disclosure Document (Warning: its long):

3.2 Tax implications of the return of capital and subscription for new securities as part of
the equalisation process

The return of capital received by an Investor will firstly reduce the CGT cost base of each unit
they currently hold in the trust making the return of capital. The proposed return of capital is
expected to be equivalent to approximately 18.22 cents per security (assuming the consolidation
of securities at 3.1 had not occurred).
However, given the return of capital will occur after the consolidation of existing shares and
units referred to at 3.1 above, the actual return of capital amount will be approximately $1.054
per security (each Investors cost base in each security will be higher because of the
consolidation referred to at 3.1 above).
This return of capital amount will reduce the CGT cost base of each CRT unit held by a retail
Investor by $1.054 (no distribution is expected in relation to the shares held in CRL as CRL has
no material value for the purposes of the equalisation steps).
The CGT cost base of a CER stapled security held by an Investor generally will be the onmarket
purchase price paid for the security (reduced by any subsequent tax-deferred
distributions received from CRT) adjusted for the consolidation event referred to at 3.1 above.
For example, if you paid 28 cents on 1 June 2011 for 10,000 CER securities, your cost base
after the consolidation becomes $1.622 per security for 1,726 securities. The return of capital
reduces this cost base for each security by $1.054 so that after both the consolidation and return
of capital, you will have a remaining CGT cost base of $0.568 per CER security (being $1.622
less $1.054) for 1,726 securities, being $980 in total.
To the extent that the return of capital amount per security exceeds an Investor’s CGT cost base
of the security, the excess will be a CGT gain to the Investor.