Explanatory Notes

Income Tax Act 2007

2007 CHAPTER 3

20 March 2007

Commentary on Sections

Part 9: Special rules about settlements and trustees

Overview

Chapter 2: General provision about settlements and trustees

Overview

Section 471: Identification of settlor following transfer covered by section 470

1364. This section identifies the settlor(s) in circumstances where a transfer of property within section 470 takes place. It is based on section 685C of ICTA.