INCOME TAX ASSESSMENT ACT 1997

CHAPTER 3 - SPECIALIST LIABILITY RULES  

PART 3-30 - SUPERANNUATION  

Division 307 - Key concepts relating to superannuation benefits  

Subdivision 307-D - Superannuation interests  

SECTION 307-200   Regulations relating to meaning of superannuation interests  

307-200(1)  
In the circumstances specified in the regulations, treat a superannuation interest as two or more superannuation interests in the way specified in the regulations.

307-200(2)  
In the circumstances specified in the regulations, treat 2 or more superannuation interests as one superannuation interest in the way specified in the regulations.

307-200(3)  
Regulations for the purposes of this section may specify a way of treating a *superannuation interest in relation to one or more of the following aspects of the interest:


(a) the *tax free component (and the *contributions segment and *crystallised segment relating to that component);


(b) the *taxable component;


(c) the *element taxed in the fund of the taxable component;


(d) the *element untaxed in the fund of the taxable component.

307-200(4)  
Regulations for the purposes of subsection (1) may specify a way of allocating an amount relating to a *superannuation interest treated as two or more superannuation interests in accordance with those regulations to those interests.

307-200(5)  
Subsections (3) and (4) do not limit the regulations that may be made for the purposes of this section.


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