Commonwealth Consolidated Acts

[Index] [Table] [Search] [Search this Act] [Notes] [Noteup] [Previous] [Next] [Download] [Help]

INCOME TAX ASSESSMENT ACT 1997 - SECT 216.25

Cum dividend sale--statement by party

    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 particular party to the contract concerned has not had a * securities dealer acting for him or her;

that party 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.


AustLII: Copyright Policy | Disclaimers | Privacy Policy | Feedback