INCOME TAX ASSESSMENT ACT 1997 - SECT 290.5 Non - application to roll - over superannuation benefits etc.

INCOME TAX ASSESSMENT ACT 1997 - SECT 290.5

    This Division does not apply to a contribution that is any of the following:

  (a)   a * roll - over superannuation benefit;

  (b)   a * superannuation lump sum that is paid from a * foreign superannuation fund;

  (c)   an amount transferred to a * complying superannuation fund or an * RSA from a scheme for the payment of benefits in the nature of superannuation upon retirement or death that:

  (i)   is not, and never has been, an * Australian superannuation fund or a * foreign superannuation fund; and

  (ii)   was not established in Australia; and

  (iii)   is not centrally managed or controlled in Australia.