Tax Laws Amendment (2011 Measures No. 9) Act 2012 (12 of 2012)

Schedule 6  

Part 12   Complying superannuation/FHSA life insurance policies

Division 2   Complying superannuation/FHSA life insurance policies

Income Tax (Transitional Provisions) Act 1997

151   After subsection 320-180(1)

Insert:

(2) Subsection (3) also applies for the purposes of subparagraph (b)(i) of the definition of complying superannuation/FHSA life insurance policy in subsection 995-1(1) of the Income Tax Assessment Act 1997, as in force just after the commencement of item 47 of Schedule 7 to the First Home Saver Accounts (Consequential Amendments) Act 2008.