Income Tax Assessment (1936 Act) Regulations 2025
PART 3
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INCOME
SECTION 7
7
ANNUITIES AND SUPERANNUATION PENSIONS
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LIFE TABLES
For the purposes of the definition of life expectation factor in subsection 27H(4) of the Act, the following table has effect.
For the purposes of 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 published by the Australian Government Actuary. |
| 2 | first commencing to be payable: | the Australian Life Tables 1980 - 1982 published by the Australian Government Actuary. |
| (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 published by the Australian Government Actuary. |
| (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 by the Australian Government Actuary before the year in which the annuity first commences to be payable. |
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