Tax Laws Amendment (New Tax System for Managed Investment Trusts) Act 2016 (53 of 2016)

Schedule 3   Withholding MITs and fund payments

Taxation Administration Act 1953

21   Paragraph 18-32(1)(b) in Schedule 1

Repeal the paragraph, substitute:

(b) the entity has borne all or part of:

(i) an *amount withheld from the payment under Subdivision 12-H; or

(ii) an amount paid under Division 12A in respect of the fund payment.