Financial Sector Reform (Amendments and Transitional Provisions) Act (No. 1) 1999 (44 of 1999)
Schedule 7 Consequential amendment of Acts
Income Tax Assessment Act 1936
69 Subsection 116E(1) (definition of life assurance policy)
Repeal the definition, substitute:
life assurance policy includes:
(a) an instrument securing the grant of an annuity, whether or not for a term dependent upon human life; and
(b) an RSA where the provider is a registered organization.