Income Tax Assessment Act 1997

CHAPTER 3 - SPECIALIST LIABILITY RULES  

PART 3-35 - INSURANCE BUSINESS  

Division 320 - Life insurance companies  

Subdivision 320-I - Transfers of business  

Guide to Subdivision 320-I

SECTION 320-300   What this Subdivision is about  


This Subdivision contains special rules that apply when all or part of the life insurance business of a life insurance company is transferred to another life insurance company under the Life Insurance Act 1995 or the Financial Sector (Transfer and Restructure) Act 1999 .


TABLE OF SECTIONS
TABLE OF SECTIONS
Operative provisions
320-305 When this Subdivision applies
320-310 Special deductions and amounts of assessable income
320-315 Complying superannuation asset pool and segregated exempt assets
320-320 Certain amounts treated as life insurance premiums
320-325 Friendly societies
320-330 Immediate annuities
320-335 Parts of assets treated as separate assets
320-340 Continuous disability policies
320-345 Exemption of management fees


 

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