Income Tax Assessment Act 1936
PART III
-
LIABILITY TO TAXATION
Division 6
-
Trust income
SECTION 95B
95B
CERTAIN BENEFICIARIES DEEMED NOT TO BE UNDER LEGAL DISABILITY
For the purposes of this Act, a beneficiary of a trust estate who is presently entitled to a share of the income of the trust estate in the capacity of a trustee of another trust estate shall, in respect of his or her present entitlement to that share, be deemed not to be under a legal disability.
View history note
Hide history noteFor the purposes of this Act, a beneficiary of a trust estate who is presently entitled to a share of the income of the trust estate in the capacity of a trustee of another trust estate shall, in respect of his or her present entitlement to that share, be deemed not to be under a legal disability.
This information is provided by CCH Australia Limited Link opens in new window. View the disclaimer and notice of copyright.