Taxation Laws Amendment Act (No. 4) 1994 (181 of 1994)

Schedule 3   AMENDMENTS RELATING TO SUPERANNUATION

Part 2   INCOME TAX ASSESSMENT ACT 1936

Division 3   Non-complying superannuation funds that were previously complying superannuation funds

18   Object

The object of this Division is to provide for a non-complying superannuation fund that was previously a complying superannuation fund to be liable for tax on the value of its assets less any undeducted contributions in the fund.