Superannuation Laws Amendment (2004 Measures No. 2) Act 2004 (93 of 2004)

Schedule 1   Amendments

Income Tax Assessment Act 1936

2   After subsection 283(2)

Insert:

(2A) If, at all times during the year of income, the current pension liabilities of the fund were liabilities in respect of pensions that are prescribed by the regulations for the purposes of this subsection, then subsections (3) and (4) do not apply in determining the amounts to be used in the formula in subsection (2).