Superannuation Legislation Amendment Act 2010 (117 of 2010)

Schedule 1   Unclaimed money

Part 2   Amendment of the Income Tax Assessment Act 1997

20   After subsection 307-142(3)

Insert:

(3A) Treat the amount set out in column 3 of an item of the table in subsection (3) as being nil, if:

(a) the unclaimed amount set out in column 1 of the item is an amount paid to the Commissioner by a State or Territory authority (within the meaning of the Superannuation (Unclaimed Money and Lost Members) Act 1999) in the circumstances mentioned in section 18AA, 20JA or 24HA of that Act; and

(b) the Commissioner does not have sufficient information to work out the amount set out in column 3 of the item.