Document ID: chunk:federal_register_of_legislation:C2025C00014:section:102q
Version: federal_register_of_legislation:C2025C00014
Segment Type: section
Provision Reference: s 102Q
Character Range: 850612–851331

102Q  Resident unit trusts
  For the purposes of this Division, a unit trust is a resident unit trust in relation to a year of income if, at any time during the year of income:
 (a) either of the following conditions was satisfied:
 (i) any property of the unit trust was situated in Australia;
 (ii) the trustee of the unit trust carried on business in Australia; and
 (b) either of the following conditions was satisfied:
 (i) the central management and control of the unit trust was in Australia;
 (ii) a person who was a resident or persons who were residents held more than 50% of:
 (A) the beneficial interests in the income of the unit trust; or
 (B) the beneficial interests in the property of the unit trust.