Income Tax Assessment Act 1997



Division 285 - General concepts relating to superannuation  

SECTION 285-5   Transfers of property  

Any of the following payments covered by this Part can be or include a transfer of property:

(a) a contribution;

(b) a *superannuation lump sum.

The amount of the payment is or includes the *market value of the property.

The *market value is reduced by the value of any consideration given for the transfer of the property.


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