Commonwealth Consolidated Acts

INCOME TAX ASSESSMENT ACT 1997 - SECT 393.28

    If:

  (a)   a * farm management deposit was made by a trustee on behalf of a beneficiary of a trust; and

  (b)   the beneficiary was under a legal disability when the deposit was made; and

  (c)   the beneficiary is no longer under a legal disability;

then this Division, and Division   4A of Part   VA of the Income Tax Assessment Act 1936 , apply as if the beneficiary had made the deposit.

Note:   Division   4A of Part   VA of the Income Tax Assessment Act 1936 is about quotation of tax file numbers in connection with farm management deposits.