Income Tax Assessment Act 1997
CHAPTER 3
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SPECIALIST LIABILITY RULES
PART 3-35
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INSURANCE BUSINESS
Division 320
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Life insurance companies
Subdivision 320-I
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Transfers of business
Operative provisions
SECTION 320-305 320-305 When this Subdivision applies
The rules in this Subdivision have effect if all or part of the *life insurance business of a *life insurance company (the originating company ) is transferred to another life insurance company (the recipient company ):
(a) in accordance with a scheme confirmed by the Federal Court of Australia under Part 9 of the Life Insurance Act 1995 ; or
(b) under the Financial Sector (Transfer and Restructure) Act 1999 .
View history note
Hide history noteSECTION 320-305 320-305 When this Subdivision applies
The rules in this Subdivision have effect if all or part of the *life insurance business of a *life insurance company (the originating company ) is transferred to another life insurance company (the recipient company ):
(a) in accordance with a scheme confirmed by the Federal Court of Australia under Part 9 of the Life Insurance Act 1995 ; or
(b) under the Financial Sector (Transfer and Restructure) Act 1999 .
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