Commonwealth Consolidated Acts

INCOME TAX ASSESSMENT ACT 1997 - SECT 295.105

    The assessable income of a * complying superannuation entity does not include amounts * derived by the entity because it holds units in a * pooled superannuation trust.

Note:   The entity will not be subject to any tax liability when it disposes of the units: see subsection   295 - 85(2) and section   118 - 350.