Class Ruling
CR 2002/86W
Income tax: American International Assurance Company (Australia) Limited Statutory Fund No. 3 - Continuation of Life Insurance Policy
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Please note that the PDF version is the authorised version of this withdrawal notice.This document incorporates revisions made since original publication. View its history and amending notices, if applicable.
FOI status:
may be releasedPreamble
| The number, subject heading, and the What this Class Ruling is about (including Tax law(s), Class of persons and Qualifications sections), Date of effect, Withdrawal, Arrangement and Ruling parts of this document are a 'public ruling' in terms of Part IVAAA of the Taxation Administration Act 1953. CR 2001/1 explains Class Rulings and Taxation Rulings TR 92/1 and TR 97/16 together explain when a Ruling is a public ruling and how it is binding on the Commissioner. |
Withdrawal
1. The ruling is withdrawn and ceases to apply from 31 December 2003. The ruling continues to apply, in respect of tax law(s) ruled upon, to all persons within specified classes who enter into specified arrangements during the term of the ruling. Thus, the ruling continues to apply to those persons, even following its withdrawal, for arrangements entered into prior to the withdrawal of the Ruling. This is subject to there being no change in the arrangement or in the person's involvement in the arrangement.
Commissioner of Taxation
11 December 2002
Not previously released in draft form.
References
ATO references:
NO 2002/020183
Related Rulings/Determinations:
TR 92/1
TD 94/82
TR 97/16
CR 2001/1
Subject References:
Life insurance policies
Investment linked policies
Legislative References:
Copyright Act 1968
ITAA 1936 26AH
ITAA 1936 26AH(4)
ITAA 1936 26AH(5)
ITAA 1936 26AH(6)
ITAA 1936 26AH(13)
ITAA 1936 26AH(14)
ITAA 1997
TAA 1953 Part IVAAA
Case References:
National Mutual Life Association of Australasia Ltd. v FC of T
(1959) 102 CLR 29
Tallerman & Co Pty Ltd v Nathan's Merchandise (Vic) Pty Ltd
(1956) 98 CLR 93
| Date: | Version: | Change: | |
| 1 January 2003 | Original ruling | ||
| You are here | 1 January 2004 | Withdrawn |