INCOME TAX ASSESSMENT ACT 1997 No. 38 of 1997 - SECT 165.205 Death of beneficial owner

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INCOME TAX ASSESSMENT ACT 1997 No. 38 of 1997 - SECT 165.205

Death of beneficial owner

For the purposes of a test, after a person dies, *shares that the person owned
beneficially at the time of death are taken to continue to be owned
beneficially by the person so long as:

   (a)  they are owned by the trustee of the person's estate; or

   (b)  they are owned beneficially by someone who received them as a
        beneficiary of the estate.

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