CTHIn ForceAct
Taxation Administration Act 1953
12‑85 Superannuation lump sums and payme12‑85 Superannuation lump sums and payments for termination of employment
Start here
Get a plain-English read of 12‑85 Superannuation lump sums and payme
Turn the raw legal text into a practical explanation grounded in Taxation Administration Act 1953.
12‑85 Superannuation lump sums and payments for termination of employment
An entity must withhold an amount from any of the following payments it makes to an individual: (a) a *superannuation lump sum; (b) a payment that is an *employment termination payment or would be one except that it is received more than 12 months after termination of employment.
For exceptions, see section 12‑1.