Tax and Superannuation Laws Amendment (2012 Measures No. 1) Act 2012 (75 of 2012)

Schedule 4   Refund of excess concessional contributions

Part 2   Other amendments

Income Tax Assessment Act 1997

8   At the end of section 290-160

Add:

(3) For the purposes of paragraph (2)(a) of this section, disregard any *excess concessional contributions included in your assessable income under paragraph 292-467(2)(a) for the *financial year corresponding to the income year.