Income Tax Assessment Act 1997

CHAPTER 3 - SPECIALIST LIABILITY RULES  

PART 3-30 - SUPERANNUATION  

Division 293 - Sustaining the superannuation contribution concession  

Subdivision 293-E - Modifications for constitutionally protected State higher level office holders  

Operative provisions

SECTION 293-150   Low tax contributions - modification for CPFs  

293-150(1)    
This section applies for the purpose of working out under section 293-25 or 293-105 the amount of the individual ' s * low tax contributions for the * financial year corresponding to the income year.

Modified low tax contributed amounts in CPFs

293-150(2)    
Despite section 293-30 , the low tax contributed amounts covered by that section for the * financial year do not include any contributions to a * constitutionally protected fund, other than contributions covered by section 293-160 (about salary packaged contributions).

Modified defined benefit contributions in CPFs

293-150(3)    
Despite section 293-115 , the individual ' s defined benefit contributions for the * financial year in respect of a * defined benefit interest in a * constitutionally protected fund are equal to:

(a) unless paragraph (b) applies - nil; or

(b) if, having regard to subsection (2) of this section, the low tax contributed amounts covered by section 293-30 for the year include contributions in respect of the defined benefit interest - the amount of those contributions.