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Section 203A - Life Insurance Act 1995 - Definitions | Zoe

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Life Insurance Act 1995

203ADefinitions

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In this Division:

structured order has the same meaning as it has in Division 54 of the Income Tax Assessment Act 1997.

structured settlement has the same meaning as it has in Division 54 of the Income Tax Assessment Act 1997.

tax‑exempt annuity has the meaning given by paragraph 203B(a).

tax‑exempt lump sum has the meaning given by paragraph 203B(b).

Previous sectionDivision 2ARestriction on assignment or commutation of payments under structured settlements and structured orders

Next section203BApplication of Division to tax‑exempt annuities and lump sums