Div 6D inserted by No 70 of 1999.

Subdiv B inserted by No 70 of 1999.

S 102UJ substituted by No 143 of 2007 , s 3 and Sch 4 item 17, applicable to the first income year starting on or after 24 September 2007 and later income years. S 102UJ formerly read:

SECTION 102UJ PRESENT ENTITLEMENT  
102UJ(1) Indirect present entitlement to a share of net income.  

For the purposes of this Division, if a person is presently entitled indirectly through one or more interposed partnerships or trusts to a share of the income of a trust derived in a year of income, the person is presently entitled indirectly through the one or more partnerships or trusts to that share of the net income of the trust.

Note:

Section 95A is relevant in determining whether a person is presently entitled to a share of the income of a trust.

102UJ(2) Extended concept of present entitlement to capital of a trust.  

For the purposes of this Division, section 95A applies in relation to capital of a trust in the same way as it applies to income of the trust.

S 102UJ inserted by No 70 of 1999.