Tax Laws Amendment (2011 Measures No. 9) Act 2012 (12 of 2012)

Schedule 6  

Part 23   Definition of managed investment trust

Tax Laws Amendment (2010 Measures No. 3) Act 2010

190   After subitem 7(1) of Schedule 5

Insert:

(1A) Without limiting subitem (1), this item also applies for the purposes of Division 275 of the Income Tax Assessment Act 1997 (Australian managed investment trusts) if:

(a) apart from this item, a trust is not a managed investment trust in relation to an income year; and

(b) the income year is the 2008-09 or 2009-10 income year.