Document ID: chunk:federal_register_of_legislation:C2013A00118:clause:1_118
Version: federal_register_of_legislation:C2013A00118
Segment Type: clause
Provision Reference: sch 1 cl 118
Character Range: 75826–76902

118  Saving of determination about discretion to disregard contributions

Determination relating to concessional contributions
(1) This item applies to a determination if:
 (a) the determination was made under section 292‑465 of the Income Tax Assessment Act 1997 in relation to concessional contributions for a financial year; and
 (b) the determination was in force immediately before the commencement of this item.
(2) The determination has effect, after the commencement of this item, as if it had been made under section 291‑465 of that Act as amended by this Act.

Determination relating to non‑concessional contributions
(3) This item applies to a determination if:
 (a) the determination was made under section 292‑465 of the Income Tax Assessment Act 1997 in relation to non‑concessional contributions for a financial year; and
 (b) the determination was in force immediately before the commencement of this item.
(4) The determination has effect, after the commencement of this item, as if it had been made under section 292‑465 of that Act as amended by this Act.