Form SC 13G VARIAN MEDICAL SYSTEMS Filed by: Veritas Asset Management LLP

Varian Medical Systems, Inc.

(Name of Issuer)

(Title of Class of Securities)

(CUSIP Number)

December 31, 2015

(Date of Event which Requires Filing of this Statement)

CUSIP No.  92220P105

 

Page 2 of  6 Pages

 

 

 

2

 

 (a)  [   ]

 (b)  [   ]

 

4

CITIZENSHIP OR PLACE OF ORGANIZATION

          

    England & Wales

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH

5

SOLE VOTING POWER

          

6

SHARED VOTING POWER

          

7

SOLE DISPOSITIVE POWER

          

8

SHARED DISPOSITIVE POWER

 

9

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

        

     5,233,673

10

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES

CERTAIN SHARES

 

      [  ]

11

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

12

TYPE OF REPORTING PERSON

Page 3 of 6 Pages

Item 1.

(a)

Name of Issuer:

          Varian Medical Systems, Inc.

(b)

Address of Issuer's Principal Executive Offices:

    3100 Hansen Way

    Palo Alto, CA 94304-1038

Item 2.

(a)

Name of Person Filing:

           Veritas Asset Management LLP

(b)

Address of Principal Business Office or, if none, Residence:

          First Floor, 90 Long Acre, London, WC2E 9RA, England.

(c)

Citizenship:

          Veritas Asset Management LLP is a  limited liability partnership formed under the laws of England and Wales.

(d)

Title of Class of Securities:

           Common Stock

 

(e)

CUSIP Number:

           92220P105

Item 3.

If this statement is filed pursuant to Sections 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:

(a)

[  ]  Broker or dealer registered under Section 15 of the Act.

(b)

[  ]  Bank as defined in Section 3(a)(6) of the Act.

(c)

[  ]  Insurance company as defined in Section 3(a)(19) of the Act.

(d)

[  ]  Investment company registered under Section 8 of the Investment

       Company Act of 1940.

(e)

[X]  An investment adviser in accordance with Section

       240.13d-1(b)(1)(ii)(E).

(f)

[  ]  An employee benefit plan or endowment fund in accordance with

       Section 240.13d-1(b)(1)(ii)(F).

(g)

[  ] A parent holding company or control person in accordance with

       Section 240.13d-1(b)(1)(ii)(G).

(h)

[  ]  A savings association as defined in Section 3(b) of the Federal

       Deposit Insurance Act.

(i)

[  ]  A church plan that is excluded from the definition of an investment

       company under Section 3(c)(14) of the Investment Company Act

       of 1940.

(j)

[  ] A non-U.S. institution in accordance with Section 240.13d-1(b)(1)

       (ii)(J).

(k)

[  ]  Group, in accordance with Section 240.13d-1(b)(1)(ii)(K).

If filing as a non-U.S. institution in accordance with Section 240.13d-1(b)(1)(ii)(J), please specify the type of institution:  FCA-regulated asset management company.

Page 4 of 6 Pages

Item 4.

Ownership.

(a)

Amount Beneficially Owned:  5,233,673

(b)

Percent of Class:  5.4%

(c)

Number of Shares as to which the person has:

(i)      sole power to vote or to direct the vote:  0

(ii)     shared power to vote or direct the vote:  5,233,673

(iii)    sole power to dispose or direct the disposition of:  0

(iv)    shared power to dispose or to direct the disposition of:  5,233,673

Item 5.

Ownership of Five Percent or Less of a Class.

 

If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following: [  ]

Item 6.

Ownership of More than Five Percent on Behalf of Another Person.

Not applicable.

Item 7.

Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person.

Not applicable.

Item 8.

Identification and Classification of Members of the Group.

Not applicable.

Page 5 of 6 Pages

Item 9.

Notice of Dissolution of Group.

Not applicable.

Item 10.

Certification:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.

Page 6 of 6 Pages

 February 1, 2016

By:

 

Name:       Richard Grant  

Title:         Chief Operating Officer