Part 3Disposal of ordinary income (on or after 1 January 2002) by company or trust

Part 3 Disposal of ordinary income (on or after 1 January 2002) by company or trust

11 Purpose of Part 3

This Part sets out decision-making principles with which the Commission must comply in making a determination for subsection 52ZZZC(3) of the Act.

12 Disposal to attributable stakeholder

The Commission must take into account whether, in relation to a transfer of ordinary income of a company or trust in accordance with subsection 52ZZZC(1) of the Act, the transfer is to an individual who is an attributable stakeholder of the company or trust.