Income Tax Assessment Act 1936
View history note
Hide history noteThere is an abnormal trading in units in a wholesale widely held trust during a period if the trustee knows or reasonably suspects that the same persons did not hold more than 50% of its units at the beginning and end of the period.
269-40(2)
For the purposes of other provisions of this Schedule, the abnormal trading occurs immediately before the end of the period.
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