Commonwealth Consolidated Acts

INCOME TAX ASSESSMENT ACT 1997 - SECT 307.275

  (1)   The * taxable component of a * superannuation benefit consists of an element taxed in the fund or an element untaxed in the fund , or both.

  (2)   The * taxable component of a * superannuation benefit consists wholly of an element taxed in the fund except as provided in a later section of this Subdivision.

  (3)   Despite subsection   (2), the * taxable component of any of the following kinds of * superannuation benefit consists wholly of an element untaxed in the fund :

  (a)   a * small superannuation account payment;

  (b)   a * superannuation guarantee payment.