Document ID: chunk:federal_register_of_legislation:C2014C00710:clause:6_214
Version: federal_register_of_legislation:C2014C00710
Segment Type: clause
Provision Reference: sch 6 cl 214
Character Range: 136436–137090

214  Subsection 307‑350(2)
Repeal the subsection, substitute:

Reductions and increases
 (1A) Subsection (2) applies if:
 (a) you receive one or more *superannuation member benefits from a *superannuation plan at a time; and
 (b) the benefit, or one or more of the benefits:
 (i) is a *superannuation lump sum; and
 (ii) includes an *element untaxed in the fund.
 (2) Reduce your untaxed plan cap amount just after that time:
 (a) if the total of the *elements untaxed in the fund of the *superannuation member benefits to which paragraph (1A)(b) applies falls short of your untaxed plan cap amount at that time—by that total; or
 (b) otherwise—to nil.