Income Tax (Transitional Provisions) Act 1997

CHAPTER 3 - SPECIALIST LIABILITY RULES  

PART 3-30 - SUPERANNUATION  

Division 301 - Superannuation member benefits paid from complying plans etc  

SECTION 301-5   Extended application to certain foreign superannuation funds  

301-5(1)    
A foreign superannuation fund is covered by this section if:

(a) the fund has been a complying superannuation fund; and

(b) the fund last stopped being a complying superannuation fund after 1 July 1988 and before 1 July 1995.

301-5(2)    
Division 301 of the Income Tax Assessment Act 1997 applies to payments to you from a foreign superannuation fund covered by this section because you are a member of the fund in the same way as it would apply if the payments were superannuation member benefits paid to you from a complying superannuation fund.