Income Tax Assessment Act 1997
CHAPTER 3
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SPECIALIST LIABILITY RULES
PART 3-30
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SUPERANNUATION
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.
Division 303
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Superannuation benefits paid in special circumstances
Subdivision 303-B
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Other special circumstances
SECTION 303-15
303-15
Payments from release authorities
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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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