Veterans' Entitlements (Attribution of Income) Principles 2025
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4 Definitions
Note: A number of expressions used in this instrument are defined in the Act, including the following:
(a) attributable stakeholder – of a company or trust (see section 52ZZJ);
(b) Commission (see section 5Q);
(c) company (see section 52ZO);
(d) member of a couple (see section 5E);
(e) partner (see section 5E);
(f) trust (see section 52ZO of the Act).
In this instrument, unless the contrary intention appears:
Act means the Veterans’ Entitlements Act 1986.
attributable income, in relation to an individual who is an attributable stakeholder of a company or trust, means income that the individual is taken to receive during an attribution period of the company or trust.
distribution, in relation to a trust, includes an amount credited by a trust to a beneficiary of the trust.