Treasury Laws Amendment (2017 Measures No. 2) Act 2017 (55 of 2017)

Schedule 1   Amendments relating to superannuation reform package

Part 1   Amendments

Income Tax Assessment Act 1997

8   Subsection 294-80(1) (at the end of the table)

Add:

8

a *transfer balance debit arises under regulations made for the purposes of this item

the amount of the debit worked out in accordance with the regulations

at the time specified in the regulations