Taxation Laws Amendment Act (No. 3) 1994 (138 of 1994)
Part 2 AMENDMENT OF THE INCOME TAX ASSESSMENT ACT 1936
Division 12 Amendments relating to reasonable benefits limits
Sub-Division A Certain commutation ETPs, pensions and annuities to be in excess of RBLs
93 Object
The object of this Subdivision is to provide that, where an ETP, or a residual pension or residual annuity, resulted from the commutation etc. of a pension or annuity that was in excess of a person's RBLs, the ETP, residual pension or residual annuity will be similarly determined to be in excess of the person's RBLs.
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