Document ID: chunk:federal_register_of_legislation:C2025C00029:section:5
Version: federal_register_of_legislation:C2025C00029
Segment Type: section
Provision Reference: s 5
Character Range: 4675424–4677731

5                 CSF                                                                                                       An amount paid by the *superannuation provider of the CSF or N‑CSF to the extent:                                                                                                                                                                                                                                                                                  The superannuation provider paid the amount
                  N‑CSF                                                                                                     (a) the amount is for a cost incurred because of the provision of personal advice (within the meaning of the Corporations Act 2001) to a member of the fund about the member's interest in the fund (regardless of whether that cost was incurred by the provider, the member or another entity); and
                                                                                                                            (b) the amount is paid at the request, or with the consent, of the member; and
                                                                                                                            (c) the provider has a copy of the written request or consent; and
                                                                                                                            (d) the amount is not incurred in relation to gaining or producing the fund's *exempt income or *non‑assessable non‑exempt income

 (2) A fund cannot deduct an amount under item 3 of the table for a levy imposed by regulations under section 6 of the Superannuation (Financial Assistance Funding) Levy Act 1993 to the extent that:
 (a) the levy is remitted; or
 (b) there is a refund or other application of an overpayment of the levy.
 (3) No other provision of this Act affects a fund's *income tax liability in relation to the levy.

Certain amounts cannot be deducted

295‑495  Amounts that cannot be deducted
  These entities cannot deduct anything for these amounts:
Note: For an explanation of the acronyms used, see section 295‑35.

Amounts that cannot be deducted
Item                             This entity    Cannot deduct anything for: