Superannuation Legislation Amendment (Simplification) Act 2007 (15 of 2007)

Schedule 1   Consequential amendments etc.

Part 3   Repeal of entire Act

Income Tax (Superannuation Payments Withholding Tax) Act 2002

406   Application

(1) The amendments made by this Schedule apply to the 2007-2008 income year and later years.

(2) Despite subitem (1), those amendments apply to the 2007-2008 financial year and later years, to the extent that they relate to Division 292 of the Income Tax Assessment Act 1997.

(3) Despite subitem (1), those amendments apply on and after 1 July 2007, to the extent that they relate to any of the following:

(a) Divisions 82 and 83 of the Income Tax Assessment Act 1997;

(b) Divisions 301 to 307 of that Act.

(4) Despite subitem (1), the amendments in items 297 to 324 of this Schedule apply on and after 1 July 2007.

(5) Despite subitem (1), the amendments in items 326 and 403 of this Schedule apply in relation to the 2007-2008 financial year and later years.