Income Tax (Transitional Provisions) Act 1997
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View history notePart 3-25 inserted by No 56 of 2010, s 3 and Sch 3 item 8, applicable in relation to CGT events that happen on or after the start of the 2008-09 income year.
Div 275 inserted by No 56 of 2010, s 3 and Sch 3 item 8, applicable in relation to CGT events that happen on or after the start of the 2008-09 income year.
Subdiv 275-L inserted by No 53 of 2016, s 3 and Sch 8 item 2, effective 5 May 2016.
This section applies if:
(a) the requirements set out in paragraphs 275-610(1)(a) , (b) and (c) of the Income Tax Assessment Act 1997 are satisfied in respect of an amount of non-arm ' s length income of a managed investment trust in relation to an income year; and
(b) the managed investment trust became a party to the scheme mentioned in paragraph 275-610(1)(a) of that Act before the day on which the Bill that became the Tax Laws Amendment (New Tax System for Managed Investment Trusts) Act 2016 was introduced into the House of Representatives; and
(c) the amount was derived before the start of the 2018-19 income year.
275-605(2)
Subsections 275-605(2) , (3) and (4) of that Act do not apply in respect of the amount.
S 275-605 inserted by No 53 of 2016, s 3 and Sch 8 item 2, effective 5 May 2016.
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