Income Tax Assessment Act 1936
This Subdivision applies where, under the distributing trust method of demutualisation of a mutual entity, the rights attaching to special shares issued to a trustee on behalf of a member become the same as the rights attaching to ordinary shares.
326-215(2)
Parts 3-1 and 3-3 of the Income Tax Assessment Act 1997 do not apply in respect of the change in rights.
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