Document ID: chunk:federal_register_of_legislation:C2009A00062:clause:3_11
Version: federal_register_of_legislation:C2009A00062
Segment Type: clause
Provision Reference: sch 3 cl 11
Character Range: 10922–11571

11  Subsection 292‑20(2)
Repeal the subsection, substitute:
 (2) Despite section 292‑20 of the Income Tax Assessment Act 1997, your concessional contributions cap for that financial year is:
 (a) if the year is the 2007‑2008 financial year—$100,000; or
 (b) if the year is the 2008‑2009 financial year—$100,000; or
 (c) if the year is the 2009‑2010 financial year—$50,000; or
 (d) if the year is the 2010‑2011 financial year—$50,000; or
 (e) if the year is the 2011‑2012 financial year—$50,000.
Note: This amount is not indexed.

[Minister's second reading speech made in—
House of Representatives on 27 May 2009
Senate on 15 June 2009]
(110/09)