Document ID: chunk:federal_register_of_legislation:C2017C00177:clause:10_9
Version: federal_register_of_legislation:C2017C00177
Segment Type: clause
Provision Reference: sch 10 cl 9
Character Range: 144018–144625

9  Section 292‑20
Repeal the section, substitute:

292‑20  Amount in assessable income, and tax offset, relating to your non‑concessional contributions
  Your assessable income for an income year includes an amount, and you are entitled to a *tax offset for the income year, if:
 (a) you receive one or more *excess non‑concessional contributions determinations for a *financial year that corresponds to the income year; and
 (b) you are not liable to pay *excess non‑concessional contributions tax for the financial year on the full amount of the excess stated in the most recent of those determinations.