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Issue: EY 8, EY 9, Schedule 22A

Submission Number 059
Submitter Declan Mordaunt, PriceWaterhouseCoopers

Section / Provision Income Tax Act 2004

EY 8, EY 9, Schedule 22A

Date Received

23/03/06
Description of issue The definitions of "Life insurance policy" and "life insurance" have changed. The ability to apportion has been created in sEY9, and the phrase "Whereby and to the extent that" has been removed from sEY8.
Section / Provision Income Tax Act 1994 See above explanation
Status Finalised
Outcome

Panel considers no Unintended Legislative Change, and legislation amendment not required.


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