Income Tax Assessment Act 1997
Certain defined benefit lifetime pensions that are subject to commutation restrictions cannot result in excess transfer balance (instead, Subdivision 303-A applies to the superannuation income stream benefits).
Certain commutation-restricted income streams started before 1 July 2017 are covered by the same modification.
|294-125||When this Subdivision applies|
|294-130||Meaning of capped defined benefit income stream|
|294-135||Transfer balance credit - special rule for capped defined benefit income streams|
|294-140||Excess transfer balance - special rule for capped defined benefit income streams|
|294-145||Transfer balance debits - special rules for capped defined benefit income streams|