Law Companion Ruling
LCR 2016/9A4 - Addendum
Superannuation reform: transfer balance cap
This Addendum is a public ruling for the purposes of the Taxation Administration Act 1953. It amends Law Companion Ruling LCR 2016/9 to reflect amendments to the law made by the Treasury Laws Amendment (2018 Measures No. 4) Act 2019.
LCR 2016/9 is amended as follows:
(a) Omit the words '(including a reversionary beneficiary in the case of death of a member)'.
(b) Omit the dot points (excluding footnote 14); substitute:
- is 65 years old or older
- has met a relevant condition of release with a nil cashing restriction (retirement, terminal medical condition, permanent incapacity) and they have notified the superannuation provider for the TRIS of that fact, or
- is in receipt of the TRIS as a reversionary beneficiary.14
Omit 'Supervision'; substitute '(Supervision)'.
Commissioner of Taxation
5 June 2019
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