Commonwealth Consolidated Acts

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INCOME TAX (TRANSITIONAL PROVISIONS) ACT 1997 - SECT 393.27

Trustee may choose that a beneficiary is a chosen beneficiary of the trust

                   If a beneficiary of a trust was covered by paragraph (c) of the definition of primary producer in section 393-25 in Schedule 2G to the Income Tax Assessment Act 1936 in the 2009-10 income year, treat subsection 393-25(3) of the Income Tax Assessment Act 1997 as having applied to the beneficiary for the purpose of determining the maximum number of choices that the trustee may make under subsection 393-27(2) of that Act for the 2010-11 income year.



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