Document ID: chunk:federal_register_of_legislation:F2022C01068:reg:27
Version: federal_register_of_legislation:F2022C01068
Segment Type: reg
Provision Reference: reg 27
Character Range: 43613–44661

27  Partially asset-test exempt market-linked income stream resulting from commutation of another partially asset-test exempt market-linked income stream
  These Principles cover an income stream if:
 (a) it is covered by section 9BA of the Act or would have been covered by that section if subparagraph 9BA (1) (a) (i) of the Act did not apply; and
 (b) it results from the commutation and rollover of all the assets supporting a partially asset-test exempt income stream (the original income stream); and
 (c) the original income stream was covered by section 9BA of the Act or would have been covered by that section if subparagraph 9BA(1)(a)(i) did not apply; and
 (d) the original income stream:
 (i) was purchased on or after 20 September 2004 and before 20 September 2007; or
 (ii) was covered by the 2007 Principles during the period starting on 20 September 2007 and ending at the end of 28 November 2011; or
 (iii) until the commencement of these Principles, was covered by the 2011 Principles; or
 (iv) was covered by these Principles.