Does the 45 day rule apply for each share I hold or once I exceed $5K all my shares have to be held for at least 45 days to receive cranking credits.
ie. I receive
SHARE A - $3000.00 Dividend
SHARE B - $5001.00 Dividend
Does it mean I have to HOLD both A & B for 45 days to get franking credits. Or does it mean I can sell SHARE A anytime I want ie after 10days and I have to keep SHARE B for at least 45 days.
Sorry for all these newbie questions...