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

Schedule 7   Other amendments relating to changes of references to virtual PST etc.

Income Tax Assessment Act 1997

45   Subsection 995-1(1)

Insert:

complying superannuation/FHSA class :

(a) for a taxable income of a *life insurance company - has the meaning given by section 320-137; or

(b) for a *tax loss of a *life insurance company - has the meaning given by section 320-141.