Notice of Rulings 9 October 2024 The Commissioner of Taxation, Rob Heferen, 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 CR 2024/63 Civmec Singapore Limited – exchange of shares for Civmec Limited shares This Ruling sets out the income tax consequences for shareholders of Civmec Singapore Limited that exchanged their shares for Civmec Limited shares under the Shareholders' Scheme implemented on 4 September 2024. This Ruling applies to shareholders specified in the Ruling from 1 July 2024 to 30 June 2025. CR 2024/64 Civmec Singapore Limited – employee share scheme – replacement of performance rights This Ruling sets out the income tax consequences for employees of Civmec Singapore Limited or its subsidiaries (together referred to as Civmec Group) who had their performance rights issued pursuant to the Civmec Performance Rights Plan 2018 replaced by performance rights issued pursuant to 2024 Civmec Key Senior Executives Performance Rights Plan as a result of the Performance Rights Exchange Deed entered into in connection with the Civmec Group Restructure. This Ruling applies to employees specified in the Ruling from 1 July 2024 to 30 June 2025. CR 2024/65 Prospa Group Limited – scheme of arrangement This Ruling sets out the income tax consequences for Prospa Group Limited shareholders who exchanged their shares on 8 August 2024 for ordinary shares in PGL HoldCo Limited by way of a scheme of arrangement. This Ruling applies to shareholders specified in the Ruling from 1 July 2024 to 30 June 2025. NOTICE OF ADDENDUM Ruling number Subject Brief description TR 2004/4 Income tax: deductions for interest incurred prior to the commencement of, or following the cessation of, relevant income earning activities This Addendum amends Taxation Ruling TR 2004/4 to update the reference to Draft Taxation Ruling TR 2021/D5 Income tax: expenses associated with holding vacant land. This Addendum applies both before and after its date of issue.