Income Tax Regulations (Amendment) (Cth)

Statutory Rules 1997

No. 191 1

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Income Tax Regulations 2(Amendment)

I, The 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 30 June 1997.

 WILLIAM DEANE

 Governor-General

By His Excellency’s Command,

C. R. KEMP

Assistant Treasurer

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1.   Amendment

1.1   The Income Tax Regulations are amended as set out in these Regulations.

[NOTE: These Regulations commence on gazettal: see Acts Interpretation

Act 1901, s. 48.]

2.   Application

2.1   The Income Tax Regulations as amended by these Regulations apply to an assessment to which section 104 of the Taxation Laws Amendment (No. 2) Act 1994 applies.

3.   New regulation 177

3.1   After regulation 176, insert:

Constitutionally protected funds

 “177. For the definition of ‘constitutionally protected fund’ in section 267 of the Act, each of the following funds is declared to be a constitutionally protected fund:

• (a)

  a fund of the kind to which, in the absence of section 271A of the Act, Part IX of the Act would apply, established by:

  • (i)

    a State Act specified in Schedule 14; or

  • (ii)

    a specified provision of a State Act specified in Schedule 14;

• (b)

  the fund known as the Police Occupational Superannuation Scheme, established in South Australia under Trust Deed.”.

4.   New Schedule 14

4.1   After Schedule 13, add:

SCHEDULE 14                        Regulation 177

 

CONSTITUTIONALLY PROTECTED SUPERANNUATION FUNDS—STATE LEGISLATION

PART 1—NEW SOUTH WALES

101. Judges’ Pensions Act 1953

PART 2—VICTORIA

201.	Attorney-General and Solicitor-General Act 1972
202.	Coal Mines Act 1958
203.	Constitution Act 1975
204.	County Court Act 1958
205.	County Court (Jurisdiction) Act 1968
206.	Justices Act 1958
207.	Magistrates (Summary Proceedings) Act 1975
208.	Mint Act 1958
209.	Ombudsman Act 1973, subsection 9 (2)
210.	Public Prosecutions Act 1994
211.	Supreme Court Act 1986

PART 3—QUEENSLAND

301.	Governor’s Pension Act 1977
302.	Judges (Pensions and Long Leave) Act 1957

PART 4—WESTERN AUSTRALIA

401.	Government Employees Superannuation Act 1987
402.	Judges’ Salaries and Pensions Act 1950
403.	Parliamentary Superannuation Act 1970
404.	Superannuation and Family Benefits Act 1938

PART 5—SOUTH AUSTRALIA

501.	Electricity Corporations Act 1994
502.	Electricity Trust of South Australia Act 1946
503.	Governors’ Pensions Act 1976
504.	Judges’ Pensions Act 1971
505.	Parliamentary Superannuation Act 1974
506.	Police Superannuation Act 1990
507.	Southern State Superannuation Act 1994
508.	Superannuation Act 1988
509.	Superannuation (Benefit Scheme) Act 1992

PART 6—TASMANIA

601.	Governor of Tasmania Act 1982
602.	Judges’ Contributory Pensions Act 1968
603.	Public Servants’ Retiring and Death Allowances Act 1925
604.	Solicitor-General Act 1983

NOTES

1. Notified in the Commonwealth of Australia Gazette on 4 July 1997.

2. Statutory Rules 1936 No. 94 as amended by 1939 Nos. 6 and 42; 1940 Nos. 138 and 289; 1941 Nos. 120 and 327; 1942 Nos. 339 and 553; 1943 Nos. 80, 127 and 151; 1944 Nos. 90 and 124; 1945 Nos. 12, 85, 169 and 192; 1946 No. 135; 1947 Nos. 77 and 173; 1948 Nos. 115 and 162; 1949 Nos. 25 and 50; 1950 Nos. 63 and 101; 1951 Nos. 136 and 157; 1952 Nos. 89, 90 and 102; 1953 Nos. 55 and 88; 1954 Nos. 11, 99 and 112; 1955 No. 23; 1956 Nos. 34, 35 (repealed by 1956 No. 96) and 96; 1957 Nos. 39 and 74; 1958 Nos. 27 and 70; 1959 Nos. 25 and 81; 1960 Nos. 44 and 74; 1962 Nos. 15, 44 and 112; 1963 Nos. 53 and 92; 1964 Nos. 74, 121 and 134; 1965 Nos. 133 and 187; 1966 No. 156; 1967 Nos. 112 and 126; 1968 No. 1; 1969 No. 68; 1970 Nos. 43, 126, 168 and 213; 1971 Nos. 120 and 148; 1972 Nos. 48, 50 and 137; 1973 No. 266; 1974 Nos. 193, 226 and 267; 1975 Nos. 88, 89, 99, 101 and 213; 1976 Nos. 115, 188 and 212; 1977 Nos. 77, 107 and 248; 1978 Nos. 85 and 193; 1979 Nos. 126 and 239; 1980 Nos. 86, 137 and 149; 1981 Nos. 116 and 360; 1982 Nos. 115, 128, 267 and 280; 1983 Nos. 79, 87, 111, 213 and 319; 1984 Nos. 172, 286, 408 and 416; 1985 Nos. 21, 148, 274 and 278; 1986 No. 325; Acts Nos. 28, 49 and 112, 1986; Statutory Rules 1987 Nos. 92 and 120; 1988 Nos. 196, 208, 262, 381, 382, 383 and 384; Act No. 97, 1988; Statutory Rules 1989 Nos. 67, 80, 115 (as amended by 1989 No. 358), 123, 124, 141, 250 and 358; 1990 Nos. 19, 126, 151, 152, 192, 347, 390, 398 and 468; 1991 Nos. 20, 121, 156, 158, 240, 300, 301, 390 and 391; 1992 Nos. 38, 129, 216, 313 and 449; 1993 Nos. 15, 46, 47, 65, 91, 159, 202, 216, 275, 288 and 370; 1994 Nos. 95, 96, 127, 174, 195, 219, 399, 412, 460, 461 and 462; 1995 Nos. 58, 107, 139, 152, 153, 194, 316, 356, 381, 382, 383 and 447; Act No. 30, 1995; Statutory Rules 1996 Nos. 38, 56, 114, 124, 133, 150, 185, 274, 320, 345 and 346; 1997 Nos. 68, 141, 148, 169 and 176.