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

6   Subsection 295-390(3) (definition of average value of current pension liabilities)

Omit "*superannuation income stream benefits that are payable by the fund in that year", substitute "*RP superannuation income stream benefits of the fund at any time in that year".