BR Prd 21/04
22 Jul 2021
21 Jul 2021
21 Jul 2025

StockCo Limited and StockCo Capital Limited

The Arrangement is the leasing of livestock by either StockCo Limited or StockCo Capital Limited to their customers to use solely in a farming business. StockCo will purchase the livestock either from the customer and then lease them back to the customer or from a third party and then lease them to the customer. The customer will lease the livestock over a period of usually four years. The livestock will be progressively culled (or may go missing or die) over the period of the lease, with cull payments being returned to StockCo.

This ruling replaces BR Prd 20/03.