Commonwealth Numbered Acts

TAXATION LAWS AMENDMENT ACT (No. 2) 1987No. 62, 1987 - SECT 36

36. Section 160APA of the Principal Act is amended by inserting the following
definitions in their respective appropriate alphabetical positions (determined
on a letter-by-letter basis):

"'corporate trust dividend' means a unit trust dividend within the meaning of
Division 6B or 6C of Part III;
'corporate trust estate' means a prescribed trust estate within the meaning of
Division 6B or 6C of Part III;
'current corporate trust', in relation to a year of income, means:

   (a)  a corporate unit trust in relation to the year of income for the
        purposes of Division 6B of Part III; or

   (b)  a public trading trust in relation to the year of income for the
        purposes of Division 6C of Part III;
'insurance funds' has the same meaning as in Division 8 of Part III;
'life assurance company' means a life assurance company within the meaning of
Division 8 of Part III;
'resident trust estate', in relation to a year of income, means a trust estate
that is a resident unit trust in relation to the year of income for the
purposes of Division 6B or 6C of Part III;
'unit' means a unit within the meaning of Division 6B or 6C of Part III;
'unitholder' means a unitholder within the meaning of Division 6B or 6C of
Part III.".