Treasury Laws Amendment (2017 Measures No. 2) Act 2017 (55 of 2017)
Schedule 1 Amendments relating to superannuation reform package
Part 1 Amendments
Income Tax Assessment Act 1997
3 Subsection 294-25(1) (at the end of the table)
Add:
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4 |
a *transfer balance credit arises under section 294-55 because of a repayment of a limited recourse borrowing arrangement |
the amount of the credit specified in section 294-55 |
at the time provided by section 294-55 |
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5 |
a *transfer balance credit arises under regulations made for the purposes of this item |
the amount of the credit worked out in accordance with the regulations |
at the time specified in the regulations |