Document ID: chunk:federal_register_of_legislation:C2016C00475:clause:1_267
Version: federal_register_of_legislation:C2016C00475
Segment Type: clause
Provision Reference: sch 1 cl 267
Character Range: 91263–91916

267  Before section 301‑85
Insert:

301‑5  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 301 of the Income Tax Assessment Act 1997 applies to payments to you from a foreign superannuation fund covered by this section because you are a member of the fund in the same way as it would apply if the payments were superannuation member benefits paid to you from a complying superannuation fund.