Commonwealth Numbered Acts

TAXATION LAWS AMENDMENT ACT (No. 3) 1994 No. 138 of 1994 - SECT 96

96. Section 140ZC of the Principal Act is amended:

   (a)  by omitting paragraphs (2)(b) and (c) and substituting the following
        paragraphs:

"(b) an ETP made in relation to the person as a result of the commutation of,
or the residual capital value of, a superannuation pension or annuity where
the commencement day for the pension or annuity is before 1 July 1990;

   (c)  a residual pension or residual annuity payable on partial commutation
        of another superannuation pension or annuity where the commencement
        day for the other pension or annuity is before 1 July 1990;";

   (b)  by omitting paragraph (2)(e).