Document ID: chunk:federal_register_of_legislation:C2004A01350:clause:2_18
Version: federal_register_of_legislation:C2004A01350
Segment Type: clause
Provision Reference: sch 2 cl 18
Character Range: 24897–25538

18  Subparagraphs 5JB(2)(h)(ii), (iii) and (iv)
Repeal the subparagraphs, substitute:
 (ii) if the payment resulting from the commutation is transferred directly to the purchase of another income stream that is an asset‑test exempt income stream; or
 (iii) if the primary beneficiary's reversionary partner (if any) on the day of the primary beneficiary's death survives the primary beneficiary—on or after the partner's death; or
 (iv) if subparagraph (iii) does not apply—on or after the primary beneficiary's death; or
 (ivaa) to the extent necessary to cover any superannuation contributions surcharge relating to the income stream; or