Income Tax Assessment Act 1997
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Hide history noteSECTION 293-150 Low tax contributions - modification for CPFs 293-150(1)
This section applies for the purpose of working out under section 293-25 or 293-105 the amount of the individual ' s * low tax contributions for the * financial year corresponding to the income year.
Modified low tax contributed amounts in CPFs
293-150(2)
Despite section 293-30 , the low tax contributed amounts covered by that section for the * financial year do not include any contributions to a * constitutionally protected fund, other than contributions covered by section 293-160 (about salary packaged contributions).
Modified defined benefit contributions in CPFs
293-150(3)
Despite section 293-115 , the individual ' s defined benefit contributions for the * financial year in respect of a * defined benefit interest in a * constitutionally protected fund are equal to:
(a) unless paragraph (b) applies - nil; or
(b) if, having regard to subsection (2) of this section, the low tax contributed amounts covered by section 293-30 for the year include contributions in respect of the defined benefit interest - the amount of those contributions.
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