Income Tax Assessment Act 1997

CHAPTER 3 - SPECIALIST LIABILITY RULES  

PART 3-30 - SUPERANNUATION  

Division 295 - Taxation of superannuation entities  

Subdivision 295-E - Other income amounts  

Amounts included

SECTION 295-330  

295-330   Previously foreign funds  
The amount of *ordinary income and *statutory income from previous years included in the assessable income of a fund in an income year under item 3 of the table in section 295-320 is:

Sum of the * market values of the fund ' s assets just before the start of the income year

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Amount in the fund at that time representing contributions made by current members