Document ID: chunk:federal_register_of_legislation:C2020C00244:clause:3_4
Version: federal_register_of_legislation:C2020C00244
Segment Type: clause
Provision Reference: sch 3 cl 4
Character Range: 67011–68385

4                   all circumstances.                                                                                                                                                                 there is no unreasonable deferral of the payments of the *immediate annuity, having regard to:
                                                                                                                                                                                                       (a) to the extent to which the payments depend on the returns of the investment of the assets of the *life insurance company paying the annuity—when the payments are made and when those returns are *derived; and
                                                                                                                                                                                                       (b) to the extent to which the payments do not depend on those returns—the relative sizes of the annual totals of the payments from year to year; and
                                                                                                                                                                                                       (c) any other relevant factors.

Division 2—Consequential amendment

Tax Laws Amendment (2006 Measures No. 2) Act 2006