Income Tax Assessment Act 1936

SCHEDULE 2F - TRUST LOSSES AND OTHER DEDUCTIONS  

Division 269 - Concepts and tests applied in Divisions 266 and 267  

Subdivision 269-B - Abnormal trading  

SECTION 269-49   269-49   NO ABNORMAL TRADING WHERE PROPORTIONATE ISSUE OF UNITS  


If the issue of units in a unit trust to existing unit holders does not cause each unit holder ' s proportion of the total fixed entitlements to shares of the income and capital of the trust to change, then, except for the purposes of section 269-20 , the issue is disregarded in determining whether there has been an abnormal trading in units in the unit trust.

 

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