Tax and Superannuation Laws Amendment (2015 Measures No. 1) Act 2015 (70 of 2015)

Schedule 1   First Home Saver Accounts

Part 2   Consequential amendments

Division 1   Main amendments

Income Tax Assessment Act 1997

78   Subsection 205-15(3)

Repeal the subsection, substitute:

(3) Despite item 1 or 2 of the table in subsection (1), no credit arises on that part of the payment that is attributable to a payment of income tax in relation to an *RSA component.