Tax Laws Amendment (Simplified Superannuation) Act 2007 (9 of 2007)

Schedule 10   Definitions and related amendments

Income Tax Assessment Act 1997

89   Subsection 995-1(1) (definition of trustee )

Repeal the definition, substitute:

trustee :

(a) of a *superannuation fund, an *approved deposit fund or a *pooled superannuation trust - means:

(i) if there is a trustee (within the ordinary meaning of that expression) of the fund or trust - the trustee; or

(ii) in any other case - the person who manages the fund or trust; and

(b) otherwise - has the meaning given by subsection 6(1) of the Income Tax Assessment Act 1936.