s 393-27
In forceTrustee may choose that a beneficiary is a chosen beneficiary of the trust
Chapter 3Specialist liability rules
Part 3-45Rules for particular industries and occupations
Division 393Farm management deposits
Subdivision 393-ATax consequences of farm management deposits
393-27 Trustee may choose that a beneficiary is a chosen beneficiary of the trust
If a beneficiary of a trust was covered by paragraph (c) of the definition of primary producer in section 393‑25 in Schedule 2G to the Income Tax Assessment Act 1936 in the 2009‑10 income year, treat subsection 393‑25(3) of the Income Tax Assessment Act 1997 as having applied to the beneficiary for the purpose of determining the maximum number of choices that the trustee may make under subsection 393‑27(2) of that Act for the 2010‑11 income year.
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