Income Tax Assessment Act 1997

Part 3-30 inserted by No 9 of 2007 , s 3 and Sch 1 item 1, applicable to the 2007-2008 income year and later years.

Div 303 inserted by No 9 of 2007 , s 3 and Sch 1 item 1, applicable on and after 1 July 2007.

Subdiv 303-B heading inserted by No 81 of 2016, s 3 and Sch 1 item 32, effective 1 January 2017 and applicable in relation to the financial year starting on 1 July 2017 and later financial years.

S 303-17 repealed by No 81 of 2016, s 3 and Sch 10 item 22, effective 1 July 2018. For application provisions, see note under s 292-1 . S 303-17 formerly read:

SECTION 303-17 Payments from release authorities etc. - released non-concessional contributions and associated earnings  
303-17
A *superannuation benefit is not assessable income and is not *exempt income if it is paid to you in response to a release authority issued under section 96-12 in Schedule 1 to the Taxation Administration Act 1953 .

Note:

A related amount may still be included in your assessable income (see Subdivision 292-B).

S 303-17 inserted by No 21 of 2015, s 3 and Sch 1 item 16, applicable in relation to non-concessional contributions for the 2013-14 financial year and later financial years.