Treasury Laws Amendment (Fair and Sustainable Superannuation) Act 2016 (81 of 2016)

Schedule 8   Innovative income streams and integrity

Part 1   Amendments

Income Tax Assessment Act 1997

18   After subsection 320-137(3)

Insert:

(3A) An *annuity is covered by this subsection if it is a *superannuation income stream that is in the *retirement phase.