Superannuation Legislation Amendment (Simplification) Act 2007 (15 of 2007)
Schedule 1 Consequential amendments etc.
Part 2 Other consequential amendments etc.
Income Tax Assessment Act 1936
64 Subsection 27H(4) (definition of annuity )
Repeal the definition, substitute:
annuity means an annuity, a pension paid from a foreign superannuation fund (within the meaning of the Income Tax Assessment Act 1997) or a pension paid from a scheme mentioned in paragraph 290-5(c) of that Act, but does not include:
(a) an annuity that is a qualifying security for the purposes of Division 16E; or
(b) a superannuation income stream (within the meaning of the Income Tax Assessment Act 1997).