Income Tax Assessment Act 1936
Subsection (2) applies if an amount is included in the assessable income of a beneficiary of a trust estate because of Subdivision 115-C or 207-B of the Income Tax Assessment Act 1997 . 95AAB(2)
For the purposes of a provision of this Act (other than a provision mentioned in subsection (3)), treat the amount as being included in the beneficiary ' s assessable income in relation to the net income of the trust estate under section 97 , 98A or 100 (as the case requires). 95AAB(3)
The provisions are as follows:
(a) sections 97 , 98A (other than subsection 98A(2) ) and 100 (other than subsections 100(2) and (3) );
(b) sections 98 , 99 and 99A ;
(c) Subdivisions 115-C and 207-B of the Income Tax Assessment Act 1997 . 95AAB(4)
To avoid doubt, subsection (2) applies despite subsection 6(1AA) .
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