New Business Tax System (Consolidation, Value Shifting, Demergers and Other Measures) Act 2002 (90 of 2002)
Schedule 15 Value shifting
Part 5 Dictionary amendments
Income Tax Assessment Act 1997
39 Subsection 995-1(1) (definition of fixed entitlement )
Repeal the definition, substitute:
fixed entitlement : an entity has a fixed entitlement to a share of the income or capital of a trust if the entity has a fixed entitlement to that share within the meaning of Division 272 in Schedule 2F to theIncome Tax Assessment Act 1936.
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