First Home Saver Accounts (Further Provisions) Amendment Act 2008 (92 of 2008)

Schedule 3   Amendments commencing 1 July 2009

Life Insurance Supervisory Levy Imposition Act 1998

6   After subsection 7(4)

Insert:

(4A) An amount determined under paragraph (3)(d) as a life insurance company's asset value must exclude an amount equal to the total balances of all FHSAs (within the meaning of the First Home Saver Accounts Act 2008) provided by the life insurance company.