Tax Laws Amendment (Simplified Superannuation) Act 2007 (9 of 2007)

Schedule 10   Definitions and related amendments

Income Tax Assessment Act 1997

87   Subsection 995-1(1)

Insert:

taxable component :

(a) the taxable component of an *employment termination payment has the meaning given by section 82-145; and

(b) the taxable component of a *superannuation benefit has the meaning given by section 307-120; and

(c) the taxable component of a *superannuation interest has the meaning given by section 307-215.