Tax Laws Amendment (2005 Measures No. 2) Act 2005 (78 of 2005)
Schedule 7 Superannuation and family law
Income Tax Assessment Act 1936
56 After subsection 274(3)
Insert:
(4) Contributions are not taxable contributions under subsection (1) if they are an amount paid by the member spouse, as mentioned in regulations under the Family Law Act 1975, to a regulated superannuation fund, or to an RSA, to be held for the benefit of the non-member spouse in satisfaction of the non-member spouse's entitlement in respect of the superannuation interest concerned.
(5) In subsection (4):
member spouse has the same meaning as in Part VIIIB of the Family Law Act 1975.
non-member spouse has the same meaning as in Part VIIIB of the Family Law Act 1975.
regulated superannuation fund has the same meaning as in Part VIIIB of the Family Law Act 1975.
RSA has the same meaning as in Part VIIIB of the Family Law Act 1975.
superannuation interest has the same meaning as in Part VIIIB of the Family Law Act 1975.
Copyright notice
© Australian Taxation Office for the Commonwealth of Australia
You are free to copy, adapt, modify, transmit and distribute material on this website as you wish (but not in any way that suggests the ATO or the Commonwealth endorses you or any of your services or products).
