Document ID: chunk:federal_register_of_legislation:C2010C00648:clause:10_2
Version: federal_register_of_legislation:C2010C00648
Segment Type: clause
Provision Reference: sch 10 cl 2
Character Range: 193599–194356

2                                a partnership is the intermediary entity and a partner in that partnership is the focal entity if:                                    the amount worked out under column 3 of item 3 or 4 of this table where the partnership, as a beneficiary, is the focal entity in that item  so much of the amount worked out under column 2 of this item as is attributable to the partner, having regard to the partnership agreement and any other relevant circumstances
                                 (a) a *franked distribution *flows indirectly to the partnership as a beneficiary of a trust; and
                                 (b) the partner has, in respect of the partnership, an individual interest mentioned in subsection 207‑50(2)