Legislation

ITAA 1936 s 235-820 (as per subparagraph 10(j) and paragraphs 69 to 71 of this Ruling), where an investor directs that any dividends or distributions paid in respect of Underlying Securities held on trust by the Nominee be applied toward repayment of principal or payment of Interest on the Principal Loan or any Supplementary Loan, the investor will be assessable on those dividends or distributions under section 44 or 97

ATO documents that consider ITAA 1936 s 235-820 (as per subparagraph 10(j) and paragraphs 69 to 71 of this Ruling), where an investor directs that any dividends or distributions paid in respect of Underlying Securities held on trust by the Nominee be applied toward repayment of principal or payment of Interest on the Principal Loan or any Supplementary Loan, the investor will be assessable on those dividends or distributions under section 44 or 97