First Home Saver Accounts (Consequential Amendments) Act 2008 (45 of 2008)

Schedule 1   Main taxation related amendments

Income Tax Assessment Act 1997

44   Subsection 995-1(1) (definition of standard component )

Repeal the definition, substitute:

standard component :

(a) in respect of an *RSA provider - has the meaning given by section 295-555; or

(b) in respect of an *FHSA provider that is not an RSA provider - has the meaning given by section 345-15.