Commonwealth Consolidated Acts

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INCOME TAX ASSESSMENT ACT 1997 - SECT 216.20

Cum dividend sale--statement by securities dealer

                   If:

                     (a)  section 216-5 applies in relation to a * franked distribution or a * distribution franked with an exempting credit (cum dividend sales); and

                     (b)  a * securities dealer has acted for a particular party to the contract concerned;

the securities dealer must, as soon as practicable after the making of the distribution, give to the other party to the contract a statement in the * approved form setting out such information in relation to the distribution as is required by the approved form.



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