Income Tax Assessment Act 1936

Subdiv AA (heading) substituted by No 15 of 2007, s 3 and Sch 1 item 59, applicable to the 2007-2008 income year and later years. The heading formerly read:

Subdivision AA - Superannuation, termination of employment and kindred payments

Subdiv AA inserted by No 47 of 1984.

S 27CC repealed by No 15 of 2007, s 3 and Sch 1 item 3, applicable to the 2007-2008 income year and later years. S 27CC formerly read:

SECTION 27CC EXEMPTION FROM TAX - PAYMENT OF UNCLAIMED MONEY TO COMMISSIONER ETC. BY SUPERANNUATION FUND OR APPROVED DEPOSIT FUND  
27CC
If:

(a) an amount is paid to the Commissioner or a State or Territory authority (within the meaning of the Superannuation (Unclaimed Money and Lost Members) Act 1999 ) under that Act; and

(b) the whole or a part of that amount consists of unclaimed money that was payable to a taxpayer by the trustee of an approved deposit fund or a superannuation fund;

the taxpayer's assessable income does not include the whole or the part, as the case may be, of the amount paid to the Commissioner or the authority.

S 27CC amended by No 128 of 1999 and inserted by No 82 of 1993.