CTHIn ForceLegislation
Income Tax: Employment Termination Payments Redundancy Trusts (12 month rule) Determination 2019
//
© 2026 Zoe. All rights reserved.
Zoe is a legal information platform. Always consult the Federal Register of Legislation for authoritative text.
Income Tax: Employment Termination Payments Redundancy Trusts (12 month rule) Determination 2019
Start here
Turn the raw legal text into a practical explanation grounded in Income Tax: Employment Termination Payments Redundancy Trusts (12 month rule) Determination 2019.
In this Determination:
‘redundancy trust’ means:
(a) a fund that:
(i) is endorsed as an approved worker entitlement fund under subsection 58PB(3) of the Fringe Benefits Tax Assessment Act 1986 (FBTAA); or
(ii) the entity that operates the fund is endorsed for the operation of the fund under subsection 58PB (3A) of the FBTAA; or
(b) a fund that, just before 28 June 2011, was an approved worker entitlement fund under subsection 58PB(2) of the FBTAA.
‘member of a redundancy trust’ means a person who is entitled to a payment/s under the terms of the redundancy trust's deed due to termination of employment.