Taxation Laws Amendment Act (No. 3) 1993 (118 of 1993)

Part 6   AMENDMENT OF THE OCCUPATIONAL SUPERANNUATION STANDARDS ACT 1987

123   Interpretation

Section 3 of the Principal Act is amended by omitting paragraph (a) of the definition of "approved purposes" in subsection (1) and substituting the following paragraph:

"(a) receiving on deposit:

(i) amounts that will be taken by section 27D of the Tax Act to be expended out of eligible termination payments within the meaning of that section; and

(ii) amounts paid under section 65 of the Superannuation Guarantee (Administration) Act 1992;".


Copyright notice

© Australian Taxation Office for the Commonwealth of Australia

You are free to copy, adapt, modify, transmit and distribute material on this website as you wish (but not in any way that suggests the ATO or the Commonwealth endorses you or any of your services or products).