Income Tax Assessment Act 1997

CHAPTER 3 - SPECIALIST LIABILITY RULES  

PART 3-30 - SUPERANNUATION  

Division 294 - Transfer balance cap  

Subdivision 294-B - Transfer balance account  

Operative provisions

SECTION 294-20   Meaning of retirement phase recipient  

294-20(1)    
You are the retirement phase recipient of a *superannuation income stream at a time if:

(a) the superannuation income stream is in the *retirement phase at that time; and

(b) a *superannuation income stream benefit from the superannuation income stream is payable to you at that time.

294-20(2)    
You are also the retirement phase recipient of a *superannuation income stream at a time if:

(a) the superannuation income stream is in the *retirement phase at that time; and

(b) the superannuation income stream is a *deferred superannuation income stream; and

(c) a *superannuation income stream benefit from the superannuation income stream will be payable to you after that time.