A NEW TAX SYSTEM (ULTIMATE BENEFICIARY NON-DISCLOSURE TAX) ACT (NO. 1) 1999 (REPEALED)

SECTION 3  

3   IMPOSITION OF ULTIMATE BENEFICIARY NON-DISCLOSURE TAX  
Tax payable under paragraph 102UK(2)(a) of the Income Tax Assessment Act 1936 is imposed on the whole or the part of a share of the net income of a trust as mentioned in that paragraph.