Tax Laws Amendment (2009 Measures No. 4) Act 2009 (88 of 2009)

Schedule 3   Demutualisation of friendly society health or life insurers

Part 2   Related amendments

Income Tax Assessment Act 1997

5   Section 11-55 (before table item headed "demutualisation of private health insurers")

Insert:

demutualisation of friendly society health or life insurers

 

amounts related to issue, or transfer from lost policy holders trust, of demutualisation assets


316-255

payments received directly, or from lost policy holders trust, in exchange for cancellation or variation of interests under the demutualisation


316-255

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