INCOME TAX (FORMER COMPLYING SUPERANNUATION FUNDS) ACT 1994 NO. 171, 1994 

INCOME TAX (FORMER COMPLYING SUPERANNUATION FUNDS) ACT 1994 NO. 171, 1994 
- TABLE OF PROVISIONS

1. Short title  
2. Commencement  
3. Imposition of tax  

 
(Assented to 16 December 1994)
INCOME TAX (FORMER COMPLYING SUPERANNUATION FUNDS) ACT 1994 No. 171 of 1994 -
LONG TITLE

    An Act to impose income tax on the net previous income of
      non-complying superannuation funds that were formerly
                complying superannuation funds

INCOME TAX (FORMER COMPLYING SUPERANNUATION FUNDS) ACT 1994 No. 171 of 1994 -
SECT 1
Short title

  1. This Act may be cited as the Income Tax (Former Complying Superannuation
Funds) Act 1994.

(Minister's second reading speech made in -
          House of Representatives on 14 November 1994
          Senate on 5 December 1994)

INCOME TAX (FORMER COMPLYING SUPERANNUATION FUNDS) ACT 1994 No. 171 of 1994 -
SECT 2
Commencement

  2. This Act commences on the day on which it receives the Royal Assent.

INCOME TAX (FORMER COMPLYING SUPERANNUATION FUNDS) ACT 1994 No. 171 of 1994 -
SECT 3
Imposition of tax

  3. Income tax is imposed on the taxable income of a non-complying
superannuation fund within the meaning of Part IX of the Income Tax Assessment
Act 1936, to the extent that the taxable income is attributable to the
inclusion of an amount in the fund's assessable income under section 288A of
that Act.