Document ID: chunk:federal_register_of_legislation:C2015C00338:clause:1_44
Version: federal_register_of_legislation:C2015C00338
Segment Type: clause
Provision Reference: sch 1 cl 44
Character Range: 66794–67747

44  At the end of Division 444 in Schedule 1
Add:

Subdivision 444‑F—Trusts

Table of sections
444‑120 Trusts

444‑120  Trusts

Obligations
 (1) Subject to subsection (2), an obligation that is imposed under the *MRRT law on a trust is imposed on each of the following entities, but may be discharged by any such entity:
 (a) an entity that is the trustee of the trust at the time the obligation arises;
 (b) an entity that is the trustee of the trust at a time that is:
 (i) after the obligation arises; and
 (ii) before the obligation has been discharged.
 (2) An amount that is payable under the *MRRT law by a trust is payable as set out in the table:

Amounts payable by trusts
Item                       Column 1                                                                                    Column 2
                           If the amount that is payable by the trust under the MRRT law is:                           then it is payable by: