Financial Sector Reform (Amendments and Transitional Provisions) Act (No. 1) 1999 (44 of 1999)

Schedule 7   Consequential amendment of Acts

Income Tax Assessment Act 1936

69   Subsection 116E(1) (definition of life assurance policy)

Repeal the definition, substitute:

life assurance policy includes:

(a) an instrument securing the grant of an annuity, whether or not for a term dependent upon human life; and

(b) an RSA where the provider is a registered organization.


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