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BR Prd 16/02
Issued
07 Apr 2016
Effective
7 April 2016 to 6 April 2019

SKYCITY Entertainment Group Limited

Applicant
SKYCITY Entertainment Group Limited

The Arrangement is a long-term incentive plan for executives of SKYCITY Entertainment Group Limited. Under the plan, amounts will be lent to the executives to enable them to acquire shares in SKYCITY. The shares will be held on trust during a restrictive period, and will vest at the end of the restrictive period subject to certain performance criteria being satisfied. This ruling sets out the taxation consequences for the executives.