72A
In forceLand holdings of unit trust schemes where section 32XD applies
Chapter 3Certain transactions treated as transfers
Part 2Acquisition of interests in certain landholders
Division 1Landholders
72A Land holdings of unit trust schemes where section 32XD applies
(1)
A land holding that is taken to be beneficially owned by a trustee of a unit trust scheme under section 32XD is taken to be a land holding of the scheme if the trustee holds the interest on trust in the capacity as trustee of the scheme.
(2)
A land holding that is taken to be beneficially owned by a custodian or other agent of a trustee of a unit trust scheme under section 32XD is taken to be a land holding of the scheme if the custodian or other agent holds the interest as a custodian or agent of the trustee of the scheme.
S. 73 substituted by No. 38/2012 s. 5.
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