12Asset‑test exempt income stream resulting from payment of superannuation contributions surcharge debt

12 Asset‑test exempt income stream resulting from payment of superannuation contributions surcharge debt

These Principles cover an asset‑test exempt income stream if: (a) it is covered by section 5JA or 5JB of the Act; and (b) it is purchased by the primary beneficiary on or after 20 September 2004; and (c) it results from another asset‑test exempt income stream (the original income stream) being commuted to pay a superannuation contributions surcharge debt; and (d) the original income stream was covered by section 5JA or 5JB of the Act; and (e) the original income stream: (i) was purchased before 20 September 2004; or (ii) was covered by the 2005 Principles during the period starting on 20 September 2004 and ending at the end of 19 September 2007; or (iii) was covered by the 2007 Principles during the period starting on 20 September 2007 and ending at the end of 24 November 2011; or (iv) until the commencement of these Principles, was covered by the 2011 Principles; or (v) was covered by these Principles.