Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) Section 307 - 125 also applies to a superannuation income stream (the later income stream ) if:
(a) the later income stream commenced using only the amount of an involuntary roll - over superannuation benefit:
(i) covered by paragraph 306 - 12(a) of the Income Tax Assessment Act 1997 ; and
(ii) paid from a superannuation interest (the earlier interest ); and
(b) immediately before that benefit was paid:
(i) the earlier interest was supporting another superannuation income stream (the earlier income stream ); and
(ii) section 307 - 125 of this Act applied to the earlier income stream because of subsection (1) of that section.
(2) Section 307 - 125 applies to the later income stream as if:
(a) references in that section to the later income stream (in relation to a time, or event happening, before the payment of that involuntary roll - over superannuation benefit) include references to the earlier income stream; and
(b) references in that section to the superannuation interest supporting the later income stream (in relation to a time, or event happening, before the payment of that benefit) include references to the earlier interest.