Document ID: chunk:federal_register_of_legislation:C2022A00014:clause:4_1
Version: federal_register_of_legislation:C2022A00014
Segment Type: clause
Provision Reference: sch 4 cl 1
Character Range: 10809–11418

1  Section 9 (paragraph (a) of the definition of contribution plan)
Repeal the paragraph, substitute:
 (a) regular deductions are made from the wages or salary of an employee or director (the contributor) to acquire financial products that are offered for issue or sale to the contributor under a scheme for employees or directors of a company to acquire any of the following financial products of the company:
 (i) fully paid ordinary shares;
 (ii) options, offered for no more than nominal consideration, for the issue or transfer of fully paid ordinary shares;
 (iii) units in fully paid ordinary shares;