INCOME TAX (TRANSITIONAL PROVISIONS) ACT 1997

CHAPTER 3 - SPECIALIST LIABILITY RULES  

PART 3-10 - FINANCIAL TRANSACTIONS  

Division 235 - Particular financial transactions  

Subdivision 235-I - Instalment trusts  

SECTION 235-810   235-810   Application of Subdivision 235-I of the Income Tax Assessment Act 1997  

Subdivision 235-I of the Income Tax Assessment Act 1997 applies to assets acquired by the trustee of an instalment trust in:

(a) the 2007-08 income year; or

(b) a later income year.