Commonwealth of Australia Consolidated Acts

INCOME TAX ASSESSMENT ACT 1997 - SECT 292.175

             (1)  An individual's * superannuation interest is a defined benefit interest to the extent that it defines the individual's entitlement to * superannuation benefits payable from the interest by reference to one or more of the following matters:

                     (a)  the individual's salary, or allowance in the nature of salary, at a particular date or averaged over a period;

                     (b)  another individual's salary, or allowance in the nature of salary, at a particular date or averaged over a period;

                     (c)  a specified amount;

                     (d)  specified conversion factors.

             (2)  However, an individual's * superannuation interest is not a defined benefit interest if it defines that entitlement solely by reference to one or more of the following:

                     (a)  * disability superannuation benefits;

                     (b)  * superannuation death benefits;

                     (c)  payments of amounts mentioned in paragraph 307-10(a) (temporary disability payments).

Guide to Subdivision 292-E