Document ID: chunk:federal_register_of_legislation:C2004A00636:clause:4_36
Version: federal_register_of_legislation:C2004A00636
Segment Type: clause
Provision Reference: sch 4 cl 36
Character Range: 57753–58264

36  After subsection 45‑120(2) in Schedule 1
Insert:

 (2A) The instalment income of a *life insurance entity or *registered organisation for a period also includes its *statutory income, to the extent that the statutory income:
 (a) is reasonably attributable to that period; and
 (b) is included in the *CS/RA class of its assessable income for the income year that is or includes that period.

Note: The CS/RA class relates to the Complying Superannuation/Roll‑over Annuity aspect of the entity's business.