Div 26 heading substituted by No 121 of 1997.
S 26-85 substituted by No 15 of 2007, s 3 and Sch 1 item 179, applicable to the 2007-2008 income year and later years. S 26-85 formerly read:
SECTION 26-85 Amounts offset against superannuation guarantee charge
You cannot deduct under this Act a contribution made for an employee of yours if you elect under subsection 23A(1) of the Superannuation Guarantee (Administration) Act 1992 that the contribution be offset against your liability to pay superannuation guarantee charge.
S 26-85 inserted by No 147 of 2005, s 3 and Sch 6 item 2, applicable to contributions made on or after 1 January 2006.