s 161B
In forceMatters about applying ss 161 and 161A
Chapter 3Landholder duty and corporate trustee duty
Part 1Landholder duty
Division 2Some basic concepts for landholder duty
Subdivision 1Some basic concepts about acquiring interests in landholders
161B Matters about applying ss 161 and 161A
(1)
If the commissioner considers the application of section 161(1)(b) or 161A(1)(b) would be inequitable, the commissioner may decide the entitlement of a person be based on a distribution carried out under section 161(1)(a) or 161A(1)(a).
(2)
Also, if a person makes a relevant acquisition because interests are aggregated under section 158(1)(b)(ii), the entitlements under section 161(1)(b) or 161A(1)(b) of the person and the related persons of the person must not be more than 100%.
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