Commonwealth Numbered Acts

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TAXATION LAWS AMENDMENT (SUPERANNUATION) ACT 1992 No. 208 of 1992 - SECT 43

Assessable income to include certain superannuation and kindred payments 
43. Section 27B of the Principal Act is amended by omitting subsection (1) and
substituting the following subsection:

"(1) If an ETP is made in relation to a taxpayer in a year of income, the
taxpayer's assessable income of the year of income includes:

   (a)  the taxed element of the retained amount of the post-June 83
        component; and

   (b)  the untaxed element of the retained amount of the post-June 83
        component.".

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