Tax Laws Amendment (Fairer Taxation of Excess Concessional Contributions) Act 2013 (118 of 2013)
Schedule 1 Fairer taxation of excess concessional contributions
Part 7 Application, transitional and saving provisions
Division 1 Application and transitional provisions
(1) Subject to this Part, the amendments made by this Schedule apply:
(a) so far as they affect assessments relating to an income year - to assessments for the 2013-14 income year and later income years; and
(b) so far as they affect assessments relating to a financial year - to assessments for the 2013-2014 financial year and later financial years; and
(c) otherwise - to acts done or omitted to be done, or states of affairs existing, or periods ending, on or after the start of the first income year starting on or after 1 July 2013.
(2) Subitem (1) does not apply to item 1 of this Schedule.