Holding removed by takeover or delisting: does it change the number of shares?
On the passbook, a holding removed by takeover or delisting line reads: holding changed: report or confirm
A holding removed by a takeover or delisting
The holding is gone, and the shares form's removal step asks for the date. Whether the event counts as a sale for the notification list is not settled by the pages read: confirm with Services Australia.
Worked example
A takeover compulsorily acquired the whole EXP holding of 800, on Mon 27 Jul 2026. Day 14 is Mon 10 Aug 2026, a working day, so the report-by date is Mon 10 Aug 2026 (national holidays only; set your state and its public holidays move it too). The pages read do not settle whether this counts as a sale, so it is a holding change to report or confirm, with the removal date the form asks for.
The rules behind it
For a holding removed by takeover or delisting line: A holding removed · The total number of shares · The 14 days. Sources: Services Australia, change of circumstances; Services Australia, managing your Age Pension payment; Services Australia, online account help for updating shares; Guide to Social Security Law 3.10.4.10; Guide to Social Security Law 3.4.1.50.
The rule. Report a change in shares within 14 days. Named in the sources: a buy, a sale, bonus shares. Any other change to the total number of shares the form asks for: report or confirm. A price movement is not on the list; listed shares are revalued on 20 March and 20 September. Every rule and its source.
What it takes. Trade lines only: date, code, buy or sell, quantity. Recognised account and holder numbers are removed; nothing leaves your browser until you save.
Who publishes it. The Art of Service, not affiliated with Services Australia; not financial advice. Check a history.