Income Tax Assessment Act 1997

CHAPTER 3 - SPECIALIST LIABILITY RULES  

PART 3-30 - SUPERANNUATION  

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History

Part 3-30 inserted by No 9 of 2007 , s 3 and Sch 1 item 1, applicable to the 2007-2008 income year and later years.

Division 292 - Excess non-concessional contributions  

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[ CCH Note: For transitional rules about the application of Division 292 and related provisions in the period from 10 May 2006 to 30 June 2007, see section 292-80 of the Income Tax (Transitional Provisions) Act 1997 .]

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Div 292 heading substituted by No 21 of 2015, s 3 and Sch 1 item 5, applicable in relation to non-concessional contributions for the 2013-14 financial year and later financial years. The heading formerly read:

Division 292 - Excess non-concessional contributions tax

Div 292 heading amended by No 118 of 2013, s 3 and Sch 1 item 42, by inserting " non-concessional " , effective 29 June 2013. For application, transitional and saving provisions see note under Div 291 heading.

Div 292 inserted by No 9 of 2007 , s 3 and Sch 1 item 1, applicable to the 2007-2008 financial year and later years.

Subdivision 292-G - Collection and recovery  

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Subdiv 292-G inserted by No 9 of 2007 , s 3 and Sch 1 item 1, applicable to the 2007-2008 financial year and later years.

Guide to Subdivision 292-G

SECTION 292-380   What this Subdivision is about  

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Excess non-concessional contributions tax is due and payable at the end of 21 days after notice of assessment and the general interest charge applies to unpaid amounts. Money may be released from a superannuation plan to pay the tax.

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S 292-380 amended by No 118 of 2013, s 3 and Sch 1 item 59, by inserting " non-concessional " , effective 29 June 2013. For application, transitional and saving provisions see note under Div 291 heading.

S 292-380 inserted by No 9 of 2007 , s 3 and Sch 1 item 1, applicable to the 2007-2008 financial year and later years.

TABLE OF SECTIONS

TABLE OF SECTIONS

Operative provisions
292-385	Due date for payment of excess non-concessional contributions tax
292-390	General interest charge
292-395	Refunds of amounts overpaid
292-400	(Repealed by No 79 of 2010 )
292-405	(Repealed by No 81 of 2016)
292-410	(Repealed by No 81 of 2016)
292-415	(Repealed by No 81 of 2016)
292-420	(Repealed by No 118 of 2013)
292-425	(Repealed by No 118 of 2013)

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