INCOME TAX ASSESSMENT ACT 1997

CHAPTER 3 - SPECIALIST LIABILITY RULES  

PART 3-30 - SUPERANNUATION  

Division 310 - Loss relief for merging superannuation funds  

Subdivision 310-C - Consequences of choosing to transfer losses  

SECTION 310-25   310-25   Who losses can be transferred to  


An entity choosing under Subdivision 310-B to transfer losses can choose to transfer any or all of the transferring entity ' s losses set out in section 310-30 , in whole or in part, to one or more of the following entities (a receiving entity ):


(a) a continuing fund for the choice;


(b) a *pooled superannuation trust in which units are held by a continuing fund for the choice just after the completion time;


(c) a *life insurance company with which a *complying superannuation life insurance policy is held by a continuing fund for the choice just after the completion time.


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