Commonwealth Consolidated Acts Commonwealth Consolidated ActsIf you are under your * preservation age when you receive a * superannuation benefit, the * tax free component of the benefit is not assessable income and is not * exempt income.
Note 1: Your superannuation benefit may be a superannuation lump sum or a superannuation income stream benefit: see sections 307 - 65 and 307 - 70.
Note 2: For tax free component , see Subdivision 307 - C.