Commonwealth Numbered Acts

TAXATION LAWS AMENDMENT ACT (No. 2) 1991No. 100, 1991 - SECT 59

59. Section 202D of the Principal Act is amended by adding at the end the
following subsections:

"(6) In determining whether a person in the capacity of trustee of a trust
estate is an investor in relation to an investment, it is irrelevant that the
name of the trust estate, the name of any actual or potential beneficiary or
any other indication of trust is shown on any documentation in connection with
the investment.

"(7) Subsection (6) is enacted for the guidance and information of investors
and investment bodies and does not, by implication, affect the meaning of
other provisions of this Act dealing with trustees and trust estates.".