Commentary on Sections Overview Section 541: Attributing income to the non-exempt amount
1635.This section specifies how income is attributed to the non-exempt amount. It is based on section 505(4) and (7) of ICTA.
1636.It specifies that the non-exempt amount is to have attributed to it amounts of attributable income or amounts of attributable gains or a combination of both, until it is used up.