Commonwealth Consolidated Acts

INCOME TAX (TRANSITIONAL PROVISIONS) ACT 1997 - SECT 276.700

    This Subdivision applies if:

  (a)   a managed investment trust becomes an AMIT for the starting income year; and

  (b)   the trust existed in an earlier income year (the base year ); and

  (c)   the trust is an AMIT for an income year (the discovery year ) that is the starting income year or a later income year.