Document ID: chunk:federal_register_of_legislation:C2010C00218:clause:1_22
Version: federal_register_of_legislation:C2010C00218
Segment Type: clause
Provision Reference: sch 1 cl 22
Character Range: 8730–9470

22  At the end of Subdivision 345‑A of Division 345 of Part 3‑45
Add:

345‑25  FHSA provider that is an ADI (other than an RSA provider)—amounts that cannot be deducted

  An *FHSA provider that is an *ADI (other than an *RSA provider) cannot deduct anything for amounts credited to *FHSAs.

345‑30  Amounts of tax paid by FHSA providers that are ADIs

  An amount is not assessable income and is not *exempt income of an *FHSA provider if:
 (a) the amount is paid from an *FHSA to the FHSA provider to enable the provider to make a payment of a kind mentioned in paragraph 31(1)(h) of the First Home Saver Accounts Act 2008; and
 (b) the provider is an ADI.

Superannuation (Government Co‑contribution for Low Income Earners) Act 2003