History
Pt 2-15 (heading) substituted by No 66 of 2003. Pt 2-15 inserted by No 121 of 1997. |
History
Div 51 inserted by No 121 of 1997. |
History
S 51-65 repealed by No 15 of 2007, s 3 and Sch 1 item 181, applicable to the 2007-2008 income year and later years. S 51-65 formerly read:
SECTION 51-65 Government co-contribution towards low income earner's superannuation
51-65 The following are exempt from income tax:
(a) a Government co-contribution in respect of you under the Superannuation (Government Co-contribution for Low Income Earners) Act 2003 that is paid to you, or to your legal personal representative;
(b) a payment to you, or to your legal personal representative, of the balance of an account under the Small Superannuation Accounts Act 1995 to the extent to which the balance represents a Government co-contribution or co-contributions in respect of you under the Superannuation (Government Co-contribution for Low Income Earners) Act 2003.
Note:A Government co-contribution in respect of you paid to another person (such as the trustee of a complying superannuation fund) would not be income of yours according to ordinary concepts.
S 51-65 inserted by No 111 of 2003. |
