INCOME TAX ASSESSMENT ACT 1997 - SECT 307.15 Payments for your benefit or at your direction or request

INCOME TAX ASSESSMENT ACT 1997 - SECT 307.15

  (1)   This section applies for the purposes of:

  (a)   determining whether a payment is a superannuation benefit ; and

  (b)   determining whether a * superannuation benefit is made to you, or received by you.

  (2)   A payment is treated as being made to you, or received by you, if it is made:

  (a)   for your benefit; or

  (b)   to another person or to an entity at your direction or request.

Note:   Paragraph   (b) would cover, for example, a direction by you that a payment be rolled over from your original superannuation fund into another superannuation fund.

Table of sections

307 - 65   Meaning of superannuation lump sum

307 - 70   Meaning of superannuation income stream and superannuation income stream benefit

307 - 75   Meaning of retirement phase superannuation income stream benefit

307 - 80   When a superannuation income stream is in the retirement phase