WHC 1.16% $7.70 whitehaven coal limited

It's confusing and contradicts the definition of what is not...

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    It's confusing and contradicts the definition of what is not excepted income "acquired by or transferred to the trustee of the trust on or after 1 July 2019"

    the first example has shares acquired after 1 July 2019 yet includes a portion as excepted income. Going by the definition above, not of this income should be excepted.

    my understanding is all income generated from the original trust distribution wether that be property, shares, cash or a sale of one these assets to convert to another is excepted income and non excepted income comes from adding to the trust assets by cash injection or a bank loan
 
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