A further proposed amendment in the Bill makes it clear beyond doubt that a mere change of trustee of a trust does not constitute a CGT event. Although we would have thought that this should not have been in dispute, particularly since this argument had been rejected by the Federal Court in relation to GST, nevertheless there had been a point of view that a mere change of trustee of a trust was technically a “disposal’ and thus a CGT taxing point. There will now be no question that a change of trustee does not constitute a CGT event.