Tax Laws Amendment (Fairer Taxation of Excess Concessional Contributions) Act 2013 (118 of 2013)

Schedule 1   Fairer taxation of excess concessional contributions

Part 7   Application, transitional and saving provisions

Division 1   Application and transitional provisions

110   Application

(1) Subject to this Part, the amendments made by this Schedule apply:

(a) so far as they affect assessments relating to an income year - to assessments for the 2013-14 income year and later income years; and

(b) so far as they affect assessments relating to a financial year - to assessments for the 2013-2014 financial year and later financial years; and

(c) otherwise - to acts done or omitted to be done, or states of affairs existing, or periods ending, on or after the start of the first income year starting on or after 1 July 2013.

(2) Subitem (1) does not apply to item 1 of this Schedule.