INCOME TAX ASSESSMENT ACT 1936 (ARCHIVE)

PART III - LIABILITY TO TAXATION  

Division 1AA - Exemption from income tax: payments under the Social Security Act 1991 and the Veterans' Entitlements Act 1986, and similar payments  

Subdivision J - Occupational superannuation payments not covered by this Division  

SECTION 24AJ   OCCUPATIONAL SUPERANNUATION PAYMENTS NOT COVERED BY THIS DIVISION  

24AJ(1)   [Payments not covered by Div 1AA]  

The following payments are not covered by this Division:

(a) any payment made under the Superannuation Act 1922 ;

(b) any payment of a pension or benefit to which subsection 8(1) of the Superannuation Act 1948 applies;

(c) any payment of a pension made in accordance with section 9 or 14 of the Superannuation Act (No 2) 1956 ;

(d) any payment of a pension made under section 10 of the Superannuation (Pension Increases) Act 1971 ;

(e) any payment made under the Superannuation Act 1976 ;

(f) any payment made under the Defence Forces Retirement Benefits Act 1948 ;

(g) any payment made under the Defence Forces Retirement and Death Benefits Act 1973 ;

(h) any payment made under the Parliamentary Contributory Superannuation Act 1948 ;

(i) any payment made under the Papua New Guinea (Staffing Assistance) Act 1973 ;

(j) any payment made under a scheme established by or under the Superannuation Act 1990 ;

(k) any payment made under a scheme established by or under the Military Superannuation and Benefits Act 1991 ;

(l) any payment made under a scheme established by or under the Superannuation Act 2005 .

24AJ(2)   [Operation of subsec (1)]  

Subsection (1) has effect in spite of anything contained in any other provision of this Division.