Commonwealth Consolidated Acts Commonwealth Consolidated ActsNote: See subsection 12(6A).
In the case of a trustee who is liable to be assessed and to pay tax under paragraph 276 - 105(2)(a) of the Income Tax Assessment Act 1997 in respect of an amount mentioned in subsection 276 - 105(3) of that Act, the rate of tax in respect of that amount is the rate that would be payable under Part II of Schedule 7 if one individual were liable to be assessed and to pay tax on that amount as his or her taxable income.