Income Tax Amendment Regulations 2005 (No. 2) (Cth)
Income Tax Amendment Regulations 2005 (No. 2)1
Select Legislative Instrument 2005 No. 33
I, PHILIP MICHAEL JEFFERY, Governor-General of the Commonwealth of Australia, acting with the advice of the Federal Executive Council, make the following Regulations under the Income Tax Assessment Act 1936.
Dated 10 March 2005
P. M. JEFFERY
Governor-General
By His Excellency’s Command
MAL BROUGH
Minister for Revenue and Assistant Treasurer
Contents
1Name of Regulations 2
2Commencement 2
3Amendment of Income Tax Regulations 1936 2
Schedule 1Amendment taken to have commenced on 1 July 2004 3
Schedule 2Amendment taken to have commenced on 20 September 2004 4
Name of Regulations
These Regulations are the Income Tax Amendment Regulations 2005 (No. 2).
Commencement
These Regulations are taken to have commenced as follows:
(a)on
1 July 2004 — regulations 1 to 3 and Schedule 1;
(b)on
20 September 2004 — Schedule 2.
Amendment of Income Tax Regulations 1936
Schedules 1 and 2 amend the Income Tax Regulations 1936.
Schedule 1 Amendment taken to have commenced on
(regulation 3)
[1] After Part 9
insert
Part 9A Taxation of superannuation business and related business
Segregated current pension assets — prescribed pensions
For subsections 273A (2) and (3) of the Act, an allocated pension (within the meaning of the Superannuation Industry (Supervision) Regulations 1994) is a prescribed pension.
Schedule 2 Amendment taken to have commenced on
(regulation 3)
Regulation 170
substitute
Segregated current pension assets — prescribed pensions
(1)For subsections 273A (2) and (3) of the Act, the following pensions are prescribed:
(a)an allocated pension;
(b)a market linked pension.
(2)In this regulation:
allocated pension and market linked pension have the same meanings as in the Superannuation Industry (Supervision) Regulations 1994.
Note
All legislative instruments and compilations are registered on the Federal Register of Legislative Instruments kept under the Legislative Instruments Act 2003. See
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