Document ID: chunk:federal_register_of_legislation:C2007A00057:clause:1_32
Version: federal_register_of_legislation:C2007A00057
Segment Type: clause
Provision Reference: sch 1 cl 32
Character Range: 37302–38033

32  Subsection 139ZQ(1)
Omit "the money or the value of the property received.", substitute:
whichever of the following is applicable:
 (c) if:
 (i) the transaction is void against the trustee under section 128B or 128C; and
 (ii) the transaction is by way of a contribution to an eligible superannuation plan for the benefit of a person (the beneficiary) who may or may not be the bankrupt; and
 (iii) the beneficiary is a member of the eligible superannuation plan;
  whichever is the lesser of the following:
 (iv) the money or the value of the property received;
 (v) the beneficiary's withdrawal benefit in relation to the eligible superannuation plan;
 (d) in any other case—the money or the value of the property received.