Income Tax Assessment Act 1936

Div 6C inserted by No 173 of 1985.

S 102MD substituted by No 53 of 2016, s 3 and Sch 5 item 1, applicable to assessments for income years starting on or after 1 July 2016. For transitional provision, see note under Pt III Div 6B heading. S 102MD formerly read:

SECTION 102MD APPLICATION OF DIVISION TO TRUSTEES ETC OF EXEMPT LIFE ASSURANCE FUNDS AND SUPERANNUATION FUNDS  
102MD
This Division applies to the person in whom the assets of a fund are vested (whether or not as trustee) in the same way as this Division applies to an exempt entity, if the fund is:

(a) a fund maintained by a life assurance company solely in respect of a class of life assurance business that consists of business of, or in relation to, the issuing of, or the undertaking of liability under:

(i) exempt life insurance policies (within the meaning of the Income Tax Assessment Act 1997 ); or

(ii) complying superannuation life insurance policies (within the meaning of that Act); or

(b) a complying superannuation fund, a complying approved deposit fund or a pooled superannuation trust.

S 102MD amended by No 70 of 2015, s 3 and Sch 1 item 55, by substituting " superannuation " for " superannuation/FHSA " in para (a)(ii), effective 1 July 2015.

S 102MD inserted by No 75 of 2010 , s 3 and Sch 5 item 6, effective 1 July 2010.