Treasury Laws Amendment (2017 Measures No. 2) Act 2017 (55 of 2017)

Schedule 1   Amendments relating to superannuation reform package

Part 1   Amendments

Income Tax Assessment Act 1997

7   Subsection 294-80(1) (table item 6)

Repeal the item, substitute:

6

a *superannuation income stream of which you were a *retirement phase recipient stops being a superannuation income stream that is in the *retirement phase at a time (the stop time ), but items 1 and 5 do not apply

the *value of the *superannuation interest that supported the superannuation income stream just before the stop time

at the stop time