INCOME TAX ASSESSMENT ACT 1997 - SECT 115.210 When this Subdivision applies

INCOME TAX ASSESSMENT ACT 1997 - SECT 115.210

  (1)   This Subdivision applies if a trust estate has a * net capital gain for an income year that is taken into account in working out the trust estate's net income (as defined in section   95 of the Income Tax Assessment Act 1936 ) for the income year.

  (2)   If the trust estate has a beneficiary that is a * complying superannuation entity that is a trust, this Subdivision applies in relation to the complying superannuation entity as a beneficiary but not as a trust estate. This Subdivision does not apply otherwise to a * complying superannuation entity that is a trust.