Legislation

ITAA 1936 s 115-220(1)(b) is to limit the operation of section 115-220 such that the section would only apply to trustees in respect of beneficiaries who have characteristics (for example, non-resident or under a legal disability) that would otherwise attract the operation of section 98

ATO documents that consider ITAA 1936 s 115-220(1)(b) is to limit the operation of section 115-220 such that the section would only apply to trustees in respect of beneficiaries who have characteristics (for example, non-resident or under a legal disability) that would otherwise attract the operation of section 98