INCOME TAX ASSESSMENT ACT 1997 - SECT 307.65 Meaning of superannuation lump sum
INCOME TAX ASSESSMENT ACT 1997 - SECT 307.65
Meaning of superannuation lump sum(1) A superannuation lump sum is a * superannuation benefit that is not a * superannuation income stream benefit (see section 307 - 70).
(2) Treat a lump sum payment arising from a partial commutation
of a * superannuation income stream as a superannuation lump sum for the
purposes of this Act (other than Subdivision 295 - F).