First Home Saver Accounts (Further Provisions) Amendment Act 2008 (92 of 2008)
Schedule 2 Amendments commencing the day after Royal Assent
First Home Saver Accounts Act 2008
20 Subsection 27(2)
Repeal the subsection, substitute:
(2) The FHSA provider (the first provider ) does not contravene subsection (1) if:
(a) in the case of a transfer made by another FHSA provider (the second provider ) in the circumstances mentioned in subparagraph 31(1)(c)(ii) (transfer because of a family law obligation) - the first provider repays the amount from the FHSA to the second provider within 30 days after receiving it; or
(b) in any other case - the first provider repays the amount from the FHSA to the FHSA holder within 30 days after receiving it.
Copyright notice
© Australian Taxation Office for the Commonwealth of Australia
You are free to copy, adapt, modify, transmit and distribute material on this website as you wish (but not in any way that suggests the ATO or the Commonwealth endorses you or any of your services or products).