Document ID: chunk:federal_register_of_legislation:C2016C00475:clause:2_3
Version: federal_register_of_legislation:C2016C00475
Segment Type: clause
Provision Reference: sch 2 cl 3
Character Range: 132942–133468

3  Paragraph 152‑305(1)(b)
Repeal the paragraph, substitute:
 (b) if you are under 55 just before you make the choice—you contribute an amount equal to the asset's *CGT exempt amount to a *complying superannuation fund or an *RSA; and
Note: For the non‑deductibility of the contribution, see subsection 290‑150(4).
 (c) the contribution is made:
 (i) if the relevant CGT event is CGT event J2, J5 or J6—when you made the choice; or
 (ii) otherwise—at the later of when you made the choice and when you received the proceeds.