Document ID: chunk:federal_register_of_legislation:C2012C00919:clause:1_9
Version: federal_register_of_legislation:C2012C00919
Segment Type: clause
Provision Reference: sch 1 cl 9
Character Range: 13364–13928

9  Section 109B
After:
      An amount may be treated as a dividend even if it is paid or lent by the company to the shareholder or associate through one or more interposed entities. (See Subdivision E.)
Insert:
      An amount may also be included in the assessable income of a shareholder or shareholder's associate if:

                (a) a company has an unpaid present entitlement to income of a trust; and
                (b) the trustee makes a payment or loan to, or forgives a debt of, the shareholder or associate.
      (See Subdivisions EA and EB.)