Treasury Laws Amendment (Legacy Retirement Product Commutations and Reserves) Regulations 2024 (F2024L01596)
Schedule 1 Amendments
Part 2 Allocations from reserves
Income Tax Assessment (1997 Act) Regulations 2021
20 Section 995-1.01
Insert:
pension liability of a complying superannuation plan means a liability of the plan to pay a superannuation income stream benefit.
pension reserve has the meaning given by subsection 292-90.02(7).