Income Tax Assessment (1997 Act) Regulations 2021

CHAPTER 3 - SPECIALIST LIABILITY RULES  

PART 3-30 - SUPERANNUATION  

Division 301 - Superannuation member benefits paid from complying plans etc.  

Subdivision 301-D - Departing Australia superannuation payments  

SECTION 301-170.01   DEPARTING AUSTRALIA SUPERANNUATION PAYMENTS  

301-170.01(1)    
For the purposes of subparagraph 301-170(1)(b)(i) of the Act, the following regulations are specified:

(a)    regulations 6.20A , 6.20B and 6.24A of the SIS Regulations;

(b)    regulation 4.23A of the RSA Regulations.

Note:

A superannuation lump sum paid to a person in accordance with the regulations specified in this section is a departing Australia superannuation payment (see subsection 301-170(1) of the Act).

301-170.01(2)    

For the purposes of subsection 301-170(4) of the Act, a superannuation lump sum that is paid to a KiwiSaver scheme provider under subsection 20H(2) or (2AA) of the Superannuation (Unclaimed Money and Lost Members) Act 1999 is prescribed.

Note:

A superannuation lump sum prescribed by this subsection is not a departing Australia superannuation payment (see subsection 301-170(4) of the Act).