Superannuation Legislation Amendment (Simplification) Act 2007 (15 of 2007)
Schedule 1 Consequential amendments etc.
Part 2 Other consequential amendments etc.
Income Tax Assessment Act 1997
197 Section 118-22
Repeal the section, substitute:
118-22 Superannuation lump sums and employment termination payments
In applying section 118-20, treat a *superannuation lump sum or an *employment termination payment that you receive as being included in your assessable income.