Legislation

ITAA 1936 s 235-820 (as per subparagraph 9(j) and paragraphs 66 and 67 of this Ruling), where an investor directs that any dividends or distributions paid in respect of Underlying Securities held on trust by the Custodian 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 sections 44 or 97

ATO documents that consider ITAA 1936 s 235-820 (as per subparagraph 9(j) and paragraphs 66 and 67 of this Ruling), where an investor directs that any dividends or distributions paid in respect of Underlying Securities held on trust by the Custodian 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 sections 44 or 97