Section 216 — Income Tax Assessment Act 1997 (Cth)

‑1  When a distribution made to a member of a corporate tax entity is treated as having been made to someone else

There are 2 situations in which a *franked distribution, or a distribution *franked with an exempting credit, that is made to a *member of a *corporate tax entity is taken to have been made to another entity.

Sourced from the Federal Register of Legislation at 25 May 2026. For the latest information on Australian Government law please go to https://www.legislation.gov.au. Verify the current text against the official source before relying on it.