Document ID: chunk:federal_register_of_legislation:C2023A00029:clause:9_3
Version: federal_register_of_legislation:C2023A00029
Segment Type: clause
Provision Reference: sch 9 cl 3
Character Range: 176527–178153

3  In the appropriate position in Chapter 7
Insert:

Part 1000‑3—Transitional matters relating to the Treasury Laws Amendment (2022 Measures No. 4) Act 2023

1000‑3.01  Definitions
  In this Part:
2021 commencement time means the commencement time (within the meaning of Part 1000‑1).
old regulations has the same meaning as in Part 1000‑1.

1000‑3.02  Application of amendments
  The amendments of section 307‑70.02 made by Schedule 9 to the Treasury Laws Amendment (2022 Measures No. 4) Act 2023 apply in relation to income years starting on or after the 2021 commencement time.

1000‑3.03  Modified continuing application of old regulations
  (1) This section applies for the purposes of the continuing application of the old regulations, as mentioned in subsection 1000‑1.02(2), in relation to an income year starting on or after 1 July 2007.
 (2) For those purposes, in determining whether an income stream is a superannuation income stream:
 (a) if the income stream would be (apart from this subsection) a superannuation income stream under that continuing application, but would not be a superannuation income stream under section 307‑70.02 because of the amendments made by Schedule 9 to the Treasury Laws Amendment (2022 Measures No. 4) Act 2023—treat the income stream as not being a superannuation income stream; and
 (b) if the income stream would not be a superannuation income stream under that continuing application (apart from this subsection), but would be a superannuation income stream under section 307‑70.02 because of those amendments—treat the income stream as being a superannuation income stream.