Document ID: chunk:federal_register_of_legislation:C2010C00615:clause:2_5
Version: federal_register_of_legislation:C2010C00615
Segment Type: clause
Provision Reference: sch 2 cl 5
Character Range: 113507–114050

5  Paragraph 26AH(7)(b)
Repeal the paragraph, substitute:
 (b) the eligible policy is held by the trustee of:
 (i) a complying superannuation fund; or
 (ii) a complying ADF; or
 (iii) a pooled superannuation trust;
  within the meaning of Part IX; or
 (ba) the eligible policy is issued by a life assurance company and the company's liabilities under the policy are to be discharged out of:
 (i) virtual PST assets within the meaning of the Income Tax Assessment Act 1997; or
 (ii) segregated exempt assets within the meaning of that Act; or