Taxation Laws Amendment (Self Assessment) Act 1992 (101 of 1992)

SCHEDULE 4   FURTHER AMENDMENTS OF THE INCOME TAX ASSESSMENT ACT 1936

*   Subsection 275(1)

Omit the subsection, substitute:

"(1) Subject to this section, the trustee of a complying superannuation fund or complying ADF ('transferor') may agree with a particular life assurance company, registered organisation or PST ('transferee') that this section is to apply in relation to a year of income ('transferor's year of income') and to the transferor and transferee in relation to an amount specified in the agreement.".