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VETERANS' AFFAIRS LEGISLATION AMENDMENT ACT (No. 2) 1992 No. 228 of 1992 - SECT 29

Repeal of section 46 and substitution of new section
29. Section 46 of the Principal Act is repealed and the following section is
substituted: Structure of Division

"46.(1) This Division deals with various forms of investments and non-periodic
receipts. The following Table indicates which provisions are relevant to
particular investments and receipts:
TABLE
STRUCTURE OF DIVISION
    column 1  column 2                            column 3

    item      investment or receipt               section(s)

    1.        Managed investments                 46AA-46AG

    2.        Certain accruing return

investments made or acquired
              before 1 January 1988               46B

    3.        Market-linked investments made

or acquired before 9 September
              1988                                46J-46L

    4.        Shares and other listed

securities (from 20
              September 1993)                     46AA-46AG

    5.        Superannuation fund investments

              before pension age                  46SA

    6.        Immediate annuities                 46T

    7.        Superannuation pensions             46U


"(2) If the person's ordinary income is not covered by any of the other
Subdivisions, it may be covered by section 46A below.". 


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