INCOME TAX ASSESSMENT ACT 1936 (ARCHIVE)

PART IIIAA - FRANKING OF DIVIDENDS  

Division 7A - Application of Part in relation to trusts that are treated as companies  

Subdivision B - Modification of rules regarding franking credits and franking debits  

SECTION 160ARDF  

160ARDF   FRANKING CREDIT WHERE FRANKED DIVIDENDS RECEIVED THROUGH TRUSTS AND PARTNERSHIPS  
Section 160APQ does not apply to a trust amount or partnership amount included in the assessable income of a corporate trust estate of a year of income unless the corporate trust estate is a current corporate trust in relation to that year of income.