Reg 43A repealed by SLI No 284 of 2008, reg 3 and Sch 1 item 4, effective 18 December 2008. Reg 43A formerly read:
REGULATION 43A DEPARTING AUSTRALIA SUPERANNUATION PAYMENTS
43A
For section
15-35
of Schedule
1
to the Act, the amount to be withheld under section
15-35
of Schedule
1
to the Act from a departing Australia superannuation payment is:
(a)
for so much of the departing Australia superannuation payment as is a tax free component of the payment (within the meaning of subsection
995-1(1)
of the 1997 Tax Act)
-
nil; and
(b)
for so much of the departing Australia superannuation payment as is the element untaxed in the fund of the taxable component of the payment (within the meaning of subsection
995-1(1)
of the 1997 Tax Act)
-
40%; and
(c)
for the remainder of the departing Australia superannuation payment
-
30%.
43A(2)
(Repealed by SLI No 77 of 2007)
Reg 43A amended by SLI No 77 of 2007, reg 3 and Sch 1 items 8 to 10, by repealing reg 43A(2) and substituting para (a) and (b) in former reg 43A(1), applicable in relation to a financial year commencing on or after 1 July 2007. Reg 43A(2) formerly read:
43A(2)
A term that is used in this regulation and is defined in section 27A of the
Income Tax Assessment Act 1936
has the same meaning in this regulation as it would have in that section if references to ETPs in that section included references to departing Australia superannuation payments.
Para (a) and (b) formerly read:
(a)
for so much of the departing Australia superannuation payment as is an undeducted contribution or post-June 1994 invalidity component
-
nil; and
(b)
for so much of the departing Australia superannuation payment as is the untaxed element of the post-June 1983 component
-
40%; and
Reg 43A inserted by SR No 102 of 2002, reg 3 and Sch 1 item 2, effective 1 July 2002.
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