Commonwealth Consolidated Acts

INCOME TAX ASSESSMENT ACT 1997 - SECT 295.170

  (1)   Item   1 of the table in section   295 - 160 does not include in assessable income a contribution:

  (a)   that is a Government co - contribution made under the Superannuation (Government Co - contribution for Low Income Earners) Act 2003 ; or

  (b)   for the benefit of a person under 18 that is not made by or on behalf of the person's employer.

  (2)   Item   4 of the table in section   295 - 160 does not include in assessable income a payment to the extent to which it represents a Government co - contribution or co - contributions made under the Superannuation (Government Co - contribution for Low Income Earners) Act 2003 .