Document ID: chunk:federal_register_of_legislation:C2024C00381:section:13:p4
Version: federal_register_of_legislation:C2024C00381
Segment Type: section
Provision Reference: s 13 (pt 4/4)
Character Range: 30824–31645

equal to the sum of the shares referred to in paragraph (b) of the relevant subsection if:
 (i) Division 6AA of Part III of the Assessment Act applied to so much of that share as is equal to the sum of the parts of the shares referred to in paragraph (b) of the relevant subsection; and
 (ii) that share were a share of a resident beneficiary who is not presently entitled to a share of the income of the year of income of any other trust estate;
 (b) the amount of any reduction previously granted by the Commissioner under subsection (5) or (8) in relation to the share of the beneficiary of the net income of the year of income of any other trust estate; and
 (c) such other matters (if any) as the Commissioner thinks fit.
 (10) The resident phase‑out limit is the following amount rounded down to the nearest dollar: