A New Tax System (Goods and Services Tax) Amendment Regulations 2003 (No. 1) (37 of 2003)

Schedule 1   Amendments

[3]   After regulation 48-10.01

insert

48-10.01A Trust distribution and beneficiaries

For this Subdivision, if the trustee of a trust distributes

(a) the trustee is taken also to distribute the income or capital to the other entity; and

(b) the other entity is taken also to be a beneficiary of the trust.