Tax Laws Amendment (2005 Measures No. 2) Act 2005 (78 of 2005)

Schedule 7   Superannuation and family law

Income Tax Assessment Act 1936

46   Paragraph 140UA(1)(d)

Repeal the paragraph, substitute:

(d) if a residual pension or a residual annuity is payable to the first person, or to the non-member spouse in relation to that interest or annuity, on the commutation or partial commutation of the pension or annuity - subsections 140R(1) and 140T(1) apply in relation to that residual pension or annuity and subsections 140R(1B) and 140T(2C) do not apply.