INCOME TAX ASSESSMENT ACT 1936 (ARCHIVE)

PART IIIAA - FRANKING OF DIVIDENDS  

Division 6A - Transfer of shareholder status for tax purposes  

SECTION 160AQUC  

160AQUC   NO SECURITIES DEALER - PARTY TO CUM-DIVIDEND SALE CONTRACT TO GIVE DIVIDEND STATEMENT TO OTHER PARTY  
If:

(a) section 160AQUA applies in relation to a dividend covered by subparagraph 160AQUA(1)(b)(i) (whether the application is the sole or final application or an earlier application of that section); and

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

the party must, as soon as practicable after the payment of the dividend, give to the other party to the contract a statement in the approved form setting out such information in relation to the dividend as is required by the approved form to be set out.