Family Trust Distribution Tax (Secondary Liability) Act 1998

1 Short title [see Note 1]

This Act may be cited as the Family Trust Distribution Tax (Secondary Liability) Act 1998.

2 Commencement [see Note 1]

This Act commences on the day on which it receives the Royal Assent.

3 Imposition of tax

Tax payable under Income Tax Assessment Act 1936 on an unpaid amount is imposed.section 271-60 or 271-65 in Schedule 2F to the

4 Amount of tax

The amount of the tax imposed by this Act is equal to the unpaid amount.

The Family Trust Distribution Tax (Secondary Liability) Act 1998 as shown in this compilation comprises Act No. 11, 1998 amended as indicated in the Tables below.

Table of Acts

Notes to the

Note 1

Table of Amendments