4.12.11 Primary Production Controlled Private Trusts & Controlled Private Companies

Introduction

This section contains information on the assessment and treatment of the assets (1.1.A.290) and income from primary production private trusts and private companies from 1 January 2002.

It also contains information on the concession available to attributable stakeholders of primary production trusts who wish to retire from the primary production business (trust) while retaining a right of veto in order to prevent the sale or break-up of the primary production assets.

Note: For the general means test treatment of primary production also see 4.7.4.

Act reference: SSAct section 8(1)-'income', section 11(1)-'primary production'

In this section

This section contains the following topics:
Last reviewed: 3 January 2017