Document ID: chunk:federal_register_of_legislation:C2004A00636:clause:1_1
Version: federal_register_of_legislation:C2004A00636
Segment Type: clause
Provision Reference: sch 1 cl 1
Character Range: 4734–5260

1  Section 45‑10 in Schedule 1 (note)
Repeal the note, substitute:

Note 1: Section 45‑450 provides for how this Part applies to a trustee covered by any of items 6 to 12 of the table in section 9‑1 of the Income Tax Assessment Act 1997. In most respects, the trust is treated like a company.

Note 2: This Part also applies to a trustee covered by item 5 of the table in section 9‑1 of the Income Tax Assessment Act 1997, but only to the extent set out in section 45‑455, and the rest of Subdivision 45‑N, in this Schedule.