Treasury Laws Amendment (2018 Measures No. 2) Act 2020 (8 of 2020)

Schedule 2   Innovation measures

Part 4   Public trading trusts

Income Tax Assessment Act 1936

18   At the end of section 102R

Add:

(5) In determining whether a unit trust is a public trading trust under this section, disregard any interest that the trust has that is disregarded under subsection 275-10(4A) of the Income Tax Assessment Act 1997.