Commonwealth Consolidated Acts

INCOME TAX ASSESSMENT ACT 1936 - SECT 94R

    For the purposes of the income tax law:

  (a)   a reference to the liquidator of the partnership includes a reference to a partner in the partnership who carries out the winding - up of the partnership; and

  (b)   a reference to distributions made by a liquidator in the course of winding up the partnership includes a reference to distributions made by such a partner to himself or herself in the course of winding - up the partnership.