Document ID: chunk:federal_register_of_legislation:C2016A00049:clause:1_11
Version: federal_register_of_legislation:C2016A00049
Segment Type: clause
Provision Reference: sch 1 cl 11
Character Range: 3789–4355

11  At the end of section 12
Add:
 (10) The rate of tax payable by a trustee of a managed investment trust under subsection 275‑605(2) of the Income Tax Assessment Act 1997 is 30%.
 (11) The rate of tax payable by a trustee of an AMIT under subsection 276‑405(2) of the Income Tax Assessment Act 1997 is 45%.
 (12) The rate of tax payable by a trustee of an AMIT under subsection 276‑415(2) of the Income Tax Assessment Act 1997 is 45%.
 (13) The rate of tax payable by a trustee of an AMIT under subsection 276‑420(2) of the Income Tax Assessment Act 1997 is 45%.