Document ID: chunk:federal_register_of_legislation:F2017L00214:body:0:p2
Version: federal_register_of_legislation:F2017L00214
Segment Type: other
Provision Reference: 
Character Range: 2540–4492

or after the transfer.
9 Transfer to company or trust with 2 or more attributable stakeholders
 (1) This section applies if, in relation to a transfer of property to a company or trust:
 (a) the transfer is made by an attributable stakeholder of the company or trust; and
 (b) before the transfer, there were 2 or more attributable stakeholders of the company or trust.
 (2) This section also applies if, in relation to a transfer of property to a company or trust:
 (a) the transfer is made by an attributable stakeholder of the company or trust; and
 (b) after the transfer, there were 2 or more attributable stakeholders of the company or trust.
 (3) The Secretary must take into account the income attribution percentage of each attributable stakeholder of the recipient company or recipient trust, before and after the transfer of the property.
10 Transfer to company or trust by individual who becomes attributable stakeholder
 (1) This section applies if, in relation to a transfer of property to a company or a trust:
 (a) the transfer is made by an individual who is not an attributable stakeholder of the company or trust; and
 (b) as a result of the transfer, the individual is an attributable stakeholder.
 (2) The Secretary must take into account the income attribution percentage of each attributable stakeholder of the company or trust, before and after the transfer of the property.

Part 3 Disposal of ordinary income (on or after 1 January 2002) by company or trust
11 Purpose of Part 3
  This Part sets out decision-making principles with which the Secretary must comply in making a determination for subsection 1208R (3) of the Act.
12 Disposal to attributable stakeholder
  The Secretary must take into account whether, in relation to a transfer of ordinary income of a company or trust in accordance with subsection 1208R (1) of the Act, the transfer is to an individual who is an attributable stakeholder of the company or trust.