Tax Laws Amendment (2009 Measures No. 2) Act 2009 (42 of 2009)

Schedule 1   Tax treatment of payments under financial claims scheme

First Home Saver Accounts Act 2008

10   Application

The amendments of the First Home Saver Accounts Act 2008 made by this Schedule apply in relation to entitlements arising under Division 2AA (Financial claims scheme for account-holders with insolvent ADIs) of Part II of the Banking Act 1959 after 17 October 2008.

Note: Division 2AA of Part II of the Banking Act 1959 commenced on 18 October 2008.