Superannuation Legislation Amendment Act 2010 (117 of 2010)

Schedule 4   Other amendments

Part 1   Notices of intent to deduct

Income Tax Assessment Act 1997

11   At the end of section 295-190

Add:

(5) A benefit referred to in item 2A is included in the income year in which it is received if the notice is received by the *superannuation provider by the day the provider lodges its *income tax return for that income year.

(6) Otherwise it is included in the income year in which the notice is received.