Commonwealth of Australia Consolidated Acts

INCOME TAX ASSESSMENT ACT 1997 - SECT 307.15

             (1)   This section applies for the purposes of:

                     (a)  determining whether a payment is a superannuation benefit ; and

                     (b)  determining whether a * superannuation benefit is made to you, or received by you.

             (2)  A payment is treated as being made to you, or received by you, if it is made:

                     (a)  for your benefit; or

                     (b)  to another person or to an entity at your direction or request.

Note:          Paragraph (b) would cover, for example, a direction by you that a payment be rolled over from your original superannuation fund into another superannuation fund.

Table of sections

307-65      Meaning of superannuation lump sum

307-70      Meaning of superannuation income stream and superannuation income stream benefit