INCOME TAX ASSESSMENT ACT 1997

CHAPTER 3 - SPECIALIST LIABILITY RULES  

PART 3-30 - SUPERANNUATION  

Division 295 - Taxation of superannuation entities  

Subdivision 295-C - Contributions included  

Contributions and payments

SECTION 295-170   Exception - Government co-contributions and contributions for a child  

295-170(1)  
Item 1 of the table in section 295-160 does not include in assessable income a contribution:

(a) that is a Government co-contribution made under the Superannuation (Government Co-contribution for Low Income Earners) Act 2003 ; or

(b) for the benefit of a person under 18 that is not made by or on behalf of the person's employer.

295-170(2)  
Item 4 of the table in section 295-160 does not include in assessable income a payment to the extent to which it represents a Government co-contribution or co-contributions made under the Superannuation (Government Co-contribution for Low Income Earners) Act 2003 .