Income Tax Assessment Act 1997

CHAPTER 3 - SPECIALIST LIABILITY RULES  

PART 3-30 - SUPERANNUATION  

Division 303 - Superannuation benefits paid in special circumstances  

Subdivision 303-B - Other special circumstances  

SECTION 303-15  

303-15   Payments from release authorities - general  


A *superannuation benefit that you receive (or are taken to receive) is not assessable income and is not *exempt income if it is paid in response to a release authority issued under section 131-15 in Schedule 1 to the Taxation Administration Act 1953 in relation to you.
Note:

In some cases, a related amount may still be included in your assessable income (see Subdivision 292-B and sections 304-20 and 313-20 ).


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