Superannuation Legislation Amendment Act 2010 (117 of 2010)

Schedule 4   Other amendments

Part 1   Notices of intent to deduct

Income Tax Assessment Act 1997

3   Subsection 290-170(5)

Repeal the subsection, substitute:

Application to successor funds

(5) Subsections (1) to (4) and section 290-180 apply as if:

(a) references in those provisions to the fund or *RSA were references to a *successor fund; and

(b) references in those provisions to the trustee or *RSA provider were references to the trustee or RSA provider of the successor fund;

if:

(c) after making your contribution, all of the *superannuation interest to which the notice relates is transferred to the successor fund; and

(d) you have not previously given a valid notice under this section to any *superannuation provider in relation to the contribution.