Treasury Laws Amendment (Legacy Retirement Product Commutations and Reserves) Regulations 2024 (F2024L01596)

Schedule 1   Amendments

Part 2   Allocations from reserves

Income Tax Assessment (1997 Act) Regulations 2021

20   Section 995-1.01

Insert:

pension liability of a complying superannuation plan means a liability of the plan to pay a superannuation income stream benefit.

pension reserve has the meaning given by subsection 292-90.02(7).


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