Tax and Superannuation Laws Amendment (2015 Measures No. 1) Act 2015 (70 of 2015)

Schedule 1   First Home Saver Accounts

Part 4   Application and transitional provisions

Division 2   General provisions

197   FHSA regime ends on 1 July 2015

(1) On 1 July 2015, an FHSA ceases to be an FHSA.

(2) Despite subitem (1), the repeals and amendments made by this Schedule do not apply in relation to acts done or omitted to be done, or states of affairs existing:

(a) before 1 July 2015; or

(b) on or after 1 July 2015 as a result of the operation of this Part (including this subitem).