Document ID: chunk:federal_register_of_legislation:C2017C00211:clause:7_7
Version: federal_register_of_legislation:C2017C00211
Segment Type: clause
Provision Reference: sch 7 cl 7
Character Range: 45099–45884

7  Application of amendments
(1) The amendments made by this Schedule apply in relation to concessional contributions for financial years starting on or after 1 July 2017.
(2) However, section 12G of the Superannuation (Government Co‑contribution for Low Income Earners) Act 2003 ceases to apply, in relation to low income superannuation contributions for any quarter or financial year, at the commencement of this Schedule.
Note: Section 12G requires the Commissioner to give reports to the Minister for presenting to the Parliament. This subitem ensures that reporting under that section is required up to, but not after, the commencement of this Schedule.
(3) For the purposes of this item, concessional contributions has the same meaning as in the Income Tax Assessment Act 1997.