Income Tax Assessment (1936 Act) Regulation 2015
PART 3
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INCOME
SECTION 7
7
ANNUITIES AND SUPERANNUATION PENSIONS
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LIFE TABLES
For the definition of life expectation factor in subsection 27H(4) of the Act, the following table has effect.
For the definition of life expectation factor in subsection 27H(4) of the Act, the following table has effect.
| Life Tables | ||
| Item | Column 1 | Column 2 |
| For an annuity … | these Life Tables are prescribed … | |
| 1 | first commencing to be payable before 1 September 1988 | the Australian Life Tables 1975 - 1977. |
| 2 | first commencing to be payable: | the Australian Life Tables 1980 - 1982. |
| (a) | on or after 1 September 1988; and | |
| (b) | before 1 May 1993 | |
| 3 | first commencing to be payable: | the Australian Life Tables 1985 - 1987. |
| (a) | on or after 1 May 1993; and | |
| (b) | before 1 July 1993 | |
| 4 | first commencing to be payable on or after 1 July 1993 | the Australian Life Tables that are most recently published before the year in which the annuity first commences to be payable. |
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