Taxation Laws Amendment (Superannuation) Act 1992 (208 of 1992)

Part 2   AMENDMENT OF THE INCOME TAX ASSESSMENT ACT 1936

Division 11   Amendments relating to reasonable benefit limits (RBLs)

59   Components of an ETP

Section 27AA of the Principal Act is amended:

(a) by omitting paragraphs (3)(b) and (c) and substituting the following paragraphs:
        

"(b) the ETP consists of or includes a payment that is an ETP to which subsection 140M(1) applies; and

(c) the Commissioner does not make a determination under subsection 140R(1) of the reasonable benefit limits in relation to the ETP;";

(b) by omitting subsection (6).