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

Schedule 9   Veterans' Entitlements Act 1986

Part 1   Amendments commencing 20 September 2007

12   Subsection 52(1AB)

Repeal the subsection, substitute:

(1AB) The Commission may determine principles for the purposes of subparagraph (a)(iii) of the definition of partially asset-test exempt income stream in subsection (1AA).

(1AC) The Commission may determine principles for the purposes of subparagraph (b)(ii) of the definition of partially asset-test exempt income stream in subsection (1AA).