Commonwealth Consolidated Acts Commonwealth Consolidated ActsCertain defined benefit lifetime pensions that are subject to commutation restrictions cannot result in excess transfer balance (instead, Subdivision 303 - A applies to the superannuation income stream benefits).
Certain commutation - restricted income streams started before 1 July 2017 are covered by the same modification.
Table of sections
Operative provisions
294 - 125 When this Subdivision applies
294 - 130 Meaning of capped defined benefit income stream
294 - 135 Transfer balance credit--special rule for capped defined benefit income streams
294 - 140 Excess transfer balance--special rule for capped defined benefit income streams
294 - 145 Transfer balance debits--special rules for capped defined benefit income streams