Commonwealth Numbered Regulations Commonwealth Numbered Regulations
Income Tax Assessment Regulations 1997
Insert:
Subdivision 293-D -- Modifications for defined benefit interests
293-115.01 Method of determining amount of defined benefit contributions
For subsection 293-115(1) of the Act, the amount of defined benefit contributions for an individual in the 2012-2013 financial year in respect of a defined benefit interest is the individual's notional taxed contributions for the defined benefit interest for that financial year.
Note: The amount of defined benefit contributions in respect of a defined benefit interest in a constitutionally protected fund is nil for the 2012-2013 financial year.
2 At the end of Part 5
Add:
910-1.04 Transitional arrangements arising out of the Tax and Superannuation Laws Amendment (2014 Measures No. 1) Regulation 2014
The amendment of these Regulations made by item 1 of Schedule 1 to the Tax and Superannuation Laws Amendment (2014 Measures No. 1) Regulation 2014 applies on and after 1 July 2012.