Income Tax Assessment Act 1997

CHAPTER 3 - SPECIALIST LIABILITY RULES  

PART 3-45 - RULES FOR PARTICULAR INDUSTRIES AND OCCUPATIONS  

Division 385 - Primary production  

Subdivision 385-H - Rules that apply to all elections made under Subdivisions 385-E, 385-F and 385-G  

SECTION 385-145  

385-145   Partnerships and trusts  

If a partnership or trustee carries on a ^* primary production business, only the partnership or trustee can make an election under Subdivision 385-E , 385-F or 385-G .