Notice of Rulings 25 November 2020 The Commissioner of Taxation, Chris Jordan, gives notice by notifiable instrument under subsection 358-5(4) of Schedule 1 to the Taxation Administration Act 1953 of the following public rulings, copies of which can be obtained from ato.gov.au/law NOTICE OF RULINGS Ruling number Subject Brief description LCR 2020/2 Non-concessional MIT income This Ruling provides the Commissioner's views on the application of the non‑concessional managed investment trust income provisions contained in the Treasury Laws Amendment (Making Sure Foreign Investors Pay Their Fair Share of Tax in Australia and Other Measures) Act 2019. This Ruling applies from 1 July 2019. CR 2020/68 E-stralian Pty. Ltd. – use of an electric bicycle by an employee This Ruling sets out the fringe benefits tax consequences for employers who provide their employees with the use of an electric bicycle under a salary packaging arrangement with E‑stralian Pty. Ltd. This Ruling applies from 1 April 2020 to 31 March 2025. CR 2020/69 Havelock Housing Association Incorporated – deductibility of donations under a payment direction deed This Ruling sets out the tax consequences for landlords who participate in Havelock Housing Association Incorporated's Affordable Housing Initiative and pay donation amounts by way of a payment direction deed. This Ruling applies from 1 July 2020 to 30 June 2025. CR 2020/70 Queensland Health clinicians – private practice arrangement This Ruling sets out the tax consequences for clinicians who have a private practice agreement with Queensland Health. This Ruling applies for the income year ended 30 June 2020 and subsequent income years. CR 2020/71 The University of Melbourne – early retirement scheme 2020 This Ruling sets out the tax consequences of an early retirement scheme implemented by The University of Melbourne. This Ruling applies from 26 November 2020 to 30 June 2021. CR 2020/72 Hawthorn Resources Limited – return of share capital This Ruling sets out the tax consequences for Hawthorn Resources Limited shareholders who received the return of share capital on 20 November 2020. This Ruling applies from 1 July 2020 to 30 June 2021.