Income Tax Assessment Act 1936

Div 6D inserted by No 70 of 1999.

Subdiv F inserted by No 70 of 1999.

S 102UU substituted by No 143 of 2007 , s 3 and Sch 4 item 41, applicable to the first income year starting on or after 24 September 2007 and later income years. S 102UU formerly read:

SECTION 102UU ULTIMATE BENEFICIARY MAY QUOTE TAX FILE NUMBER TO TRUSTEE OF CLOSELY HELD TRUST  
102UU
An ultimate beneficiary in respect of the whole or part of:

(a) a share of the net income of a closely held trust for a year of income that is included in the assessable income of a trustee beneficiary of the trust under section 97 ; or

(b) a share of a tax-preferred amount of a closely held trust to which a trustee beneficiary of the trust is presently entitled at the end of a year of income;

may quote his or her tax file number to the trustee of the closely held trust in connection with that trustee making a correct UB statement about that share.

Note:

Section 8WA of the Taxation Administration Act 1953 makes it an offence for a person to require or request another person to quote the other person ' s tax file number unless provision is made by a taxation law for the other person to quote the number.

S 102UU inserted by No 70 of 1999.