Treasury Laws Amendment (Reducing Pressure on Housing Affordability Measures No. 1) Act 2017 (132 of 2017)
Schedule 2 Contributing the proceeds of downsizing to superannuation
Income Tax Assessment Act 1997
2 After section 290-165
Insert:
290-167 Contribution must not be a downsizer contribution
You cannot deduct the contribution if it is a contribution that is covered under section 292-102 (about downsizer contributions).