Financial Sector Legislation Amendment (Simplifying Regulation and Review) Act 2007 (154 of 2007)
Schedule 1 Streamlining prudential regulation
Part 2 Amendments commencing 1 January 2008
Income Tax Assessment Act 1997
173 Subsection 995-1(1) (definition of current termination value )
Omit “the *Solvency Standard”, substitute “prudential standards made under section 230A of the Life Insurance Act 1995”.
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).
