Document ID: chunk:federal_register_of_legislation:C2016C00475:clause:1_268
Version: federal_register_of_legislation:C2016C00475
Segment Type: clause
Provision Reference: sch 1 cl 268
Character Range: 91916–92614

268  Before section 302‑195
Insert:

302‑5  Extended application to certain foreign superannuation funds
 (1) A foreign superannuation fund is covered by this section if:
 (a) the fund has been a complying superannuation fund; and
 (b) the fund last stopped being a complying superannuation fund after 1 July 1988 and before 1 July 1995.
 (2) Division 302 of the Income Tax Assessment Act 1997 applies to payments to you from a foreign superannuation fund covered by this section after another person's death, because the other person was a member of that fund, in the same way as it would apply if the payments were superannuation death benefits paid to you from a complying superannuation fund.