Document ID: chunk:federal_register_of_legislation:C2016C00523:clause:2_43
Version: federal_register_of_legislation:C2016C00523
Segment Type: clause
Provision Reference: sch 2 cl 43
Character Range: 54070–54558

43  After paragraph 365(1)(c)
Insert:
 (ca) where a beneficiary of a trust is specifically entitled to an amount of a capital gain or a franked distribution of the trust for a year of income:
 (i) in the case of a capital gain—the amount mentioned in subsection 115‑225(1) in respect of the beneficiary; or
 (ii) in the case of a franked distribution—the amount mentioned in subsection 207‑37(1) in respect of the beneficiary;
  to the extent that it is not covered under paragraph (c);