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Family Law Amendment (Annuities) Bill 2004
Schedule 1 Amendments commencing on 17 December 2004


Family Law Act 1975

1  After section 90AC


90ACA   This Part not to apply to certain annuities

             (1)  The powers of the court under this Part do not apply to eligible annuities.

             (2)  In this section:

eligible annuity means an annuity (as defined in section 10 of the Superannuation Industry (Supervision) Act 1993 ) that is treated, for the purpose of Division 14 of Part III of the Income Tax Assessment Act 1936 , as being purchased wholly out of rolled-over amounts.