Superannuation (Departing Australia Superannuation Payments Tax) Amendment Act 2016 (90 of 2016)

Schedule 1   Amendments

Superannuation (Departing Australia Superannuation Payments Tax) Act 2007

1   At the end of section 5

Add:

(3) Despite subsections (1) and (2), if the departing Australia superannuation payment:

(a) is paid to a person on or after 1 July 2017; and

(b) includes amounts attributable to superannuation contributions made while the person was a working holiday maker (within the meaning of the Income Tax Rates Act 1986);

those subsections apply as if the percentages in paragraphs (1)(b) and (c) and (2)(a) were 95%.