Tax Laws Amendment (2004 Measures No. 2) Act 2004 (83 of 2004)

Schedule 1   Life insurance companies

Part 1   Amendments commencing on 30 June 2000

Income Tax Assessment Act 1936

1   At the end of section 148


Application to a life assurance company

(10) This section applies to a life assurance company in relation to the whole or a part of a risk if, and only if, the risk or that part of the risk:

(a) is covered by a disability policy as defined in subsection 995-1(1) of the Income Tax Assessment Act 1997; and

(b) relates to a benefit that is payable in an event mentioned in that definition.