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 CA - Extension of Part to non-unit dividends  

SECTION 160ARDHA  

160ARDHA   DEFINITIONS  
In this Subdivision:

corporate trust distribution
means a distribution, or an amount credited, that would be a corporate trust dividend if references in the definitions of unit trust dividend in subsections 102D(1) and section 102M to a unitholder were references to an equity holder.

equity holder
in a corporate trust estate means the holder of an equity interest in the corporate trust estate.

equity interest
in a corporate trust estate means:

(a) a unit in the corporate trust estate; or

(b) any other interest that would be an equity interest in the corporate trust estate if references in Division 974 of the Income Tax Assessment Act 1997 to a company included references to a corporate trust estate.

non-unit dividend
means a corporate trust distribution that is not a corporate trust dividend.

non-unit equity interest
in a corporate trust estate means an equity interest in the corporate trust estate that is not a unit in the corporate trust estate.