Tax and Superannuation Laws Amendment (2012 Measures No. 1) Act 2012 (75 of 2012)
Schedule 4 Refund of excess concessional contributions
Part 2 Other amendments
Taxation Administration Act 1953
15 At the end of section 280-100 in Schedule 1
Add:
(4) Despite subsection (1), you are not liable to pay *shortfall interest charge to the extent that the additional amount relates to assessable income mentioned in paragraph 292-467(2)(a) of the Income Tax Assessment Act 1997 (refunded excess concessional contributions).
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