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COMMONWEALTHAct
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s 301-5

Extended application to certain foreign superannuation funds

In force
Chapter 3Specialist liability rules
Part 3-30Superannuation
Division 301Superannuation member benefits paid from complying plans etc.

301-5 Extended application to certain foreign superannuation funds

(1)

A foreign superannuation fund is covered by this section if:

(a)

the fund has been a complying superannuation fund; and

(b)

the fund last stopped being a complying superannuation fund after 1 July 1988 and before 1 July 1995.

(2)

Division 301 of the Income Tax Assessment Act 1997 applies to payments to you from a foreign superannuation fund covered by this section because you are a member of the fund in the same way as it would apply if the payments were superannuation member benefits paid to you from a complying superannuation fund.

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