Retirement Savings Accounts Amendment Regulations 2007 (No. 1) (104 of 2007)

Schedule 3   Amendments commencing on 1 July 2007

[40]   Regulation 4.37, definition of maximum splittable amount, paragraph (a)

substitute

(a) for taxed splittable contributions - the lesser of:

(i) 85% of the concessional contributions for that financial year; and

(ii) the concessional contributions cap for that financial year; and