Income Tax Assessment Act 1997
An entity that invests in an asset through an instalment warrant, instalment receipt, or other similar arrangement, is treated for most income tax purposes as if it had invested in the asset directly.
A regulated superannuation fund that invests in an asset through a limited recourse borrowing is treated in the same way.
|235-810||Object of this Subdivision|
|235-815||Application of Subdivision|
|235-820||Look-through treatment for instalment trusts|
|235-825||Meaning of instalment trust and instalment trust asset|
|235-830||What trusts are covered - instalment trust arrangements|
|235-835||Requirement for underlying investments to be listed or widely held|
|235-840||What trusts are covered - limited recourse borrowings by regulated superannuation funds|
|235-845||Interactions with other provisions|