Section 322 — Income Tax Assessment Act 1997 (Cth)

‑1 What this Division is about

This Division sets out special measures to assist in the rescue package provided in response to the collapse of the HIH group and deals with the tax treatment of entitlements under Part VC (Financial claims scheme for policyholders with insolvent general insurers) of the Insurance Act 1973.

Table of sections

322‑5 Rescue payments treated as insurance payments by HIH

322‑10 HIH Trust exempt from tax

322‑15 Certain capital gains and capital losses disregarded

Sourced from the Federal Register of Legislation at 25 May 2026. For the latest information on Australian Government law please go to https://www.legislation.gov.au. Verify the current text against the official source before relying on it.

Related sections

s 316 — ‑1 What this Division is about
s 320 — ‑1 What this Division is about
s 321 — ‑10 Assessable income to include amount for reduction in adjusted liability for incurred claims
s 328 — ‑5 What this Division is about
s 355 — ‑1 What this Division is about
s 360 — ‑5 What this Subdivision is about

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