Income Tax Assessment Amendment Regulations 2007 (No. 9) (330 of 2007)
Schedule 1 Amendments
[7] Schedule 1A, after subsection 3.6 (2)
insert
(2A) If:
(a) on 1 July 2007, the defined benefit members of the fund include persons who have been, before becoming members of the fund, members of a predecessor fund; and
(b) the actuary considers that it is reasonable to do so;
the actuary may use the age of entry of those members into the predecessor fund in determining the average age of entry.
(2B) For this section:
defined benefit member does not include a person who:
(a) is receiving only a pension benefit from the fund; or
(b) has deferred his or her benefit entitlement in the fund.