Income Tax Assessment Act 1936
A trust distributes income or capital of the trust to a person if it:
(a) pays or credits the income or capital in the form of money to the person; or
(b) transfers the income or capital in the form of property to the person; or
(c) reinvests or otherwise deals with the income or capital on behalf of the person or in accordance with the directions of the person; or
(d) applies the income or capital for the benefit of the person;
in the person ' s capacity as a beneficiary of the trust.
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