• 15. Transfer of liabilities to life insurance company or pooled superannuation trust

    Attention

    Warning:

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

    End of attention

    Has the fund or trust, with consent of the transferee, transferred assessable contributions under section 295-260 to a life insurance company or pooled superannuation trust?

    Print X in the appropriate box at A.

    If the answer at A is Yes then print:

    • the name of the life insurance company or PST
    • the ABN of the life insurance company or PST
    • the amount of the contributions transferred to each transferee at B and D
    • the market value of each transferor’s investment in the transferee at C and E.

    Where there are more than two transferees, provide details of the two transferees that have the greatest market value.

    The investments of a fund or ADF in a life insurance company or PST may include items such as life insurance policies and units held in PSTs at the balance date.

    The term 'market value' is to be given its ordinary meaning in accordance with and subject to Subdivision 960-S of the ITAA 1997.

    Investment in any other life insurance policies or pooled superannuation trusts

    Show at F the total market value of investments in any other life insurance polices or PSTs that have not been included above.

    The term 'market value' is to be given its ordinary meaning in accordance with and subject to Subdivision 960-S of the ITAA 1997.

    Last modified: 02 Jun 2014QC 35420