Income Tax Assessment Act 1997

CHAPTER 3 - SPECIALIST LIABILITY RULES  

PART 3-30 - SUPERANNUATION  

Division 296 - Better targeted superannuation concessions  

Subdivision 296-B - Better targeted superannuation concessions  

Taxable superannuation earnings and related concepts

SECTION 296-75   Modifications  

296-75(1)    
Section 296-65 or 296-70 has effect in relation to an individual subject to any modifications prescribed by the regulations for the purposes of this subsection.

296-75(2)    
Without limiting subsection (1) , regulations made for the purposes of that subsection may modify section 296-65 or 296-70 in relation to an individual in different ways depending on any of the following matters:

(a)    the individual to whom the modification relates;

(b)    whether a * superannuation interest of the individual is in the * retirement phase;

(c)    whether a superannuation interest of the individual is or includes a * defined benefit interest;

(d)    a * superannuation income stream (if any) of which the individual is a * retirement phase recipient;

(e)    the rules of a * superannuation fund or * approved deposit fund, or the terms and conditions of an * RSA, of which the individual is a member;

(f)    the * superannuation provider in relation to a * superannuation plan of which the individual is a member;

(g)    whether a superannuation interest of the individual is subject to a * payment split;

(h)    whether the individual is treated as having a superannuation interest under subsection 307-230(3) ;

(i)    whether the individual dies during an income year;

(j)    any other matter.

296-75(3)    
Without limiting subsection (1) , in modifying section 296-65 or 296-70 in relation to an individual ' s * relevant superannuation earnings for an income year, the regulations may deal with income or other amounts relating to that income year or to any earlier or later period.