Income Tax Assessment Act 1997

CHAPTER 3 - SPECIALIST LIABILITY RULES  

PART 3-30 - SUPERANNUATION  

Division 307 - Key concepts relating to superannuation benefits  

Subdivision 307-B - Superannuation lump sums and superannuation income stream benefits  

SECTION 307-65   Meaning of superannuation lump sum  

307-65(1)    
A superannuation lump sum is a *superannuation benefit that is not a *superannuation income stream benefit (see section 307-70 ).

307-65(2)    

Treat a lump sum payment arising from a partial commutation of a *superannuation income stream as a superannuation lump sum for the purposes of this Act (other than Subdivision 295-F ).