Private ruling: Excepted person
Date of advice: 10 September 2021
Published: November 2021
Ruling period: Year ended 30 June 2021 | Year ending 30 June 2022 | Year ending 30 June 2023 | Year ending 30 June 2024 | Year ending 30 June 2025 | Year ending 30 June 2026 | Year ending 30 June 2027 | Year ending 30 June 2028 | Year ending 30 June 2029 | Year ending 30 June 2030 | Year ending 30 June 2031
Date scheme commenced: 1 July 2019

Ruling: Q1: Is the beneficiary an excepted person for the purposes of paragraph 102AC(2)(d) of the Income Tax Assessment Act 1936 (ITAA 1936)? | A1: Yes. The Commissioner is satisfied that the beneficiary is an excepted person as defined in paragraph 102AC (2)(d) of the ITAA 1936

Relevant facts and circumstances: The beneficiary is under 18 years of age. Their date of birth is XX/XX/XXXX. You have provided a medical certificate from a qualified medical practitioner, certifying that XXXX has a permanent physical disability. You propose to make distributions to XXXX to account for costs to care for the minor due to their disability.

Relevant legislative provisions: Income Tax Assessment Act 1936 Subsection 102AC(2) | Income Tax Assessment Act 1936 Division 6AA | Social Security Act 1991 Part 2.19


This ruling applies for the following periods: