Tax Laws Amendment (Fairer Taxation of Excess Concessional Contributions) Act 2013 (118 of 2013)

Schedule 1   Fairer taxation of excess concessional contributions

Part 3   Other consequential amendments

Taxation (Interest on Overpayments and Early Payments) Act 1983

37   Subsection 3(1) (paragraph (a) of the definition of income tax crediting amount )

Repeal the paragraph, substitute:

(a) any amount of a credit that does not arise under any of the following:

(i) Division 770 of the Income Tax Assessment Act 1997;

(ii) section 96-50 in Schedule 1 to the Taxation Administration Act 1953;

(iii) the International Tax Agreements Act 1953; or

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