Tax Laws Amendment (2009 Budget Measures No. 1) Act 2009 (62 of 2009)

Schedule 2   Government Co-contribution for Low Income Earners

Superannuation (Government Co-contribution for Low Income Earners) Act 2003

3   At the end of subsection 9(1)

Add:

(c) for the 2009-10 income year, the 2010-11 income year or the 2011-12 income year - an amount equal to the sum of the eligible personal superannuation contributions the person makes during the income year; and

(d) for the 2012-13 income year or the 2013-14 income year - an amount equal to 125% of the sum of the eligible personal superannuation contributions the person makes during the income year; and

(e) for the 2014-15 income year or a later income year - an amount equal to 150% of the sum of the eligible personal superannuation contributions the person makes during the income year.