INCOME TAX ASSESSMENT ACT 1936 (ARCHIVE)

PART IIIA - CAPITAL GAINS AND CAPITAL LOSSES  

Division 10A - Rights to acquire units in a unit trust  

SECTION 160ZYQF  

160ZYQF   APPLICATION OF DIVISION TO HOLDERS OF CONVERTIBLE NOTES  
In addition to the effect that it has apart from this section, this Division also has the effect it would have if:

(a) the reference in paragraph 160ZYQA(a) to a person who holds units in a unit trust were a reference to a person who holds convertible notes within the meaning of Division 12A issued by the trustee of the unit trust;

(b) references to the unitholder were references to the person who holds the convertible notes; and

(c) references to the original units were references to the convertible notes held by that person.