Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) The * element untaxed in the fund of a * superannuation income stream benefit that you receive because of the death of a person of whom you are a * death benefits dependant is assessable income in either or both of the following cases:
(a) you are 60 years or over when you receive the benefit;
(b) the deceased died aged 60 or above.
(2) You are entitled to a * tax offset equal to 10% of the * element untaxed in the fund of the benefit.
Note: If your superannuation income stream benefit is defined benefit income, see Subdivision 303 - A.