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  • 18. Other transactions



    This information may not apply to the current year. Check the content carefully to ensure it is applicable to your circumstances.

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    A Exempt current pension income

    Print X in the appropriate box.

    If the fund has claimed an amount of exempt current pension income in respect of any pensions, other than those prescribed by the income tax regulations where assets are fully segregated for all of the income year, has the trustee obtained the relevant actuary’s certificate or certificates required by sections 295-385 or 295-390 of the ITAA 1997 before the exemption can be claimed?

    Pensions prescribed by regulation 295-385.01 of the Income Tax Assessment Regulations 1997 are:

    • an allocated pension
    • a market linked pension
    • an account-based pension

    within the meaning of the SIS Regulations.

    B Death or disability deduction

    Is the fund or trust claiming a deduction for premiums for death or disability cover of a member under section 295-465 of the ITAA 1997 that requires an actuary’s certificate to be obtained?

    Print X in the appropriate box.

    C If Yes, has the fund or trust obtained the relevant certificate?

    Print X in the appropriate box.

    D Payments to contributing employers and associates

    Has the fund or trust made a payment or transferred a benefit that is included in the assessable income of the recipient under section 290-100 of the ITAA 1997?

    Print X in the appropriate box.

    Last modified: 13 Feb 2019QC 44343