INCOME TAX ASSESSMENT REGULATIONS 1997

PART 2A - SPECIALIST LIABILITY RULES  

Division 295 - Taxation of superannuation entities  

Subdivision 295-F - Exempt income  

REGULATION 295-385.01   295-385.01   SEGREGATED CURRENT PENSION ASSETS - PRESCRIBED SUPERANNUATION INCOME STREAM BENEFITS  


For section 295-385 of the Act, the following superannuation income stream benefits are prescribed:


(a) an RP superannuation income stream benefit of a superannuation fund payable from:


(i) an allocated pension within the meaning of the SIS Regulations; or

(ii) a market linked pension within the meaning of the SIS Regulations; or

(iii) an account-based pension within the meaning of the SIS Regulations;


(b) an amount taken to be the amount of a superannuation income stream benefit under subregulation 995-1.01(3) or (4) , where the superannuation income stream that was payable to the deceased mentioned in that subregulation was a pension mentioned in subparagraph (a)(i), (ii) or (iii) of which the deceased was a retirement phase recipient.

Note:

This regulation is also mentioned in regulation 307-205.02 to identify superannuation income streams to which that regulation does not apply.




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