First Home Saver Accounts (Consequential Amendments) Act 2008 (45 of 2008)
Schedule 1 Main taxation related amendments
Income Tax Assessment Act 1997
32 Subsection 995-1(1) (paragraph (a) of the definition of contract of reinsurance )
Repeal the paragraph, substitute:
(a) the parts of *complying superannuation/FHSA life insurance policies in respect of which the liabilities of the company that issued the policies are to be discharged out of a *complying superannuation/FHSA asset pool; and
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