INCOME TAX ASSESSMENT ACT 1997

CHAPTER 3 - SPECIALIST LIABILITY RULES  

PART 3-30 - SUPERANNUATION  

Division 306 - Roll-overs etc.  

Operative provisions  

SECTION 306-5   306-5   Effect of a roll-over superannuation benefit  


A *roll-over superannuation benefit that you are taken to receive under section 307-15 is not assessable income and is not *exempt income.
Note:

Roll-over superannuation benefits are paid into a complying superannuation plan or are used to purchase a superannuation annuity on your behalf. However, you are taken to receive the benefit under subsection 307-15(1) .


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