Income Tax Assessment (1936 Act) Regulation 2015

PART 3 - INCOME  

SECTION 7  

7   ANNUITIES AND SUPERANNUATION PENSIONS - LIFE TABLES  

For the definition of life expectation factor in subsection 27H(4) of the Act, the following table has effect.

Life Tables
Item	Column 1	Column 2
	For an annuity …	these Life Tables are prescribed …
1	first commencing to be payable before 1 September 1988	the Australian Life Tables 1975 - 1977.
2	first commencing to be payable:	the Australian Life Tables 1980 - 1982.
	(a)		on or after 1 September 1988; and
	(b)		before 1 May 1993
3	first commencing to be payable:	the Australian Life Tables 1985 - 1987.
	(a)		on or after 1 May 1993; and
	(b)		before 1 July 1993
4	first commencing to be payable on or after 1 July 1993	the Australian Life Tables that are most recently published before the year in which the annuity first commences to be payable.