Tax Laws Amendment (Simplified Superannuation) Act 2007 (9 of 2007)
Schedule 6 Government Co-contribution for Low Income Earners
Superannuation (Government Co-contribution for Low Income Earners) Act 2003
8 At the end of section 8
(2) However, the persons total income for the income year is reduced by amounts (if any) for which the person is entitled to a deduction as a result of carrying on a business (within the meaning of the Income Tax Assessment Act 1997).
(3) Subsection (2) does not apply for the purposes of paragraph 6(1)(b).
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