Taxation Laws Amendment (Superannuation) Act 1993 (7 of 1993)
PART 3 AMENDMENT OF THE INCOME TAX RATES ACT 1986
Division 2 Amendments relating to the tax treatment of the excessive component of ETPs
41 Schedule 11
Schedule 11 to the Principal Act is amended by adding at the end of clause 3 of Parts I and II:
"In applying the formula, component B is to be worked out on the assumption that the whole of the taxable income is ordinary taxable income.".
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