Tax Laws Amendment (2009 Budget Measures No. 1) Act 2009 (62 of 2009)
Schedule 3 Excess contributions tax
Income Tax Assessment Act 1997
5 Paragraph 960-285(2)(a)
Repeal the paragraph, substitute:
(a) firstly:
(i) if the amount is mentioned in item 9 in section 960-265 (concessional contributions cap) - multiplying the amount for the 2009-2010 financial year by its *indexation factor mentioned in subsection (3A); or
(ii) otherwise - multiplying the amount for the 2007-2008 income year or financial year by its indexation factor mentioned in subsection (4); and
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