Income Tax Assessment Act 1997
CHAPTER 3
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SPECIALIST LIABILITY RULES
PART 3-35
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INSURANCE BUSINESS
Division 320
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Life insurance companies
Subdivision 320-E
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No-TFN contributions of life insurance companies that are RSA providers
Operative provisions
SECTION 320-155 Subdivisions 295-I and 295-J apply to companies that are RSA providers 320-155(1)
Despite subsection 295-5(4) , Subdivisions 295-I and 295-J apply to a *life insurance company that is an *RSA provider.
320-155(2)
For the purposes of the application of those Subdivisions to a *life insurance company, a contribution included in the assessable income of the company under paragraph 320-15(1)(l) is taken to have been included under Subdivision 295-C .
View history note
Hide history noteSECTION 320-155 Subdivisions 295-I and 295-J apply to companies that are RSA providers 320-155(1)
Despite subsection 295-5(4) , Subdivisions 295-I and 295-J apply to a *life insurance company that is an *RSA provider.
320-155(2)
For the purposes of the application of those Subdivisions to a *life insurance company, a contribution included in the assessable income of the company under paragraph 320-15(1)(l) is taken to have been included under Subdivision 295-C .
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