Tax Laws Amendment (2011 Measures No. 5) Act 2011 (62 of 2011)
Schedule 1 Primary producers' income averaging and farm management deposits
Part 1 Primary producers' income averaging
Income Tax Assessment Act 1997
9 Subsection 393-25(3)
Omit “trustee, if you are an individual who is a beneficiary presently entitled to a share of the income of the trust”, substitute “trust, if you satisfy the requirements in subsection (4), (5) or (6)”.
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