Income Tax Assessment Act 1936

SCHEDULE 2F - TRUST LOSSES AND OTHER DEDUCTIONS  

Division 272 - Interpretation  

Subdivision 272-K - Trusts beginning or ceasing to exist  

SECTION 272-130  

272-130   TRUSTS BEGINNING OR CEASING TO EXIST  

If:

(a) under any provision of this Schedule, a trust is required to meet a condition at one or more times or at all times during a period; and

(b) the trust does not exist during a part of the period;

the period does not include that part.