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 2   Saving provisions

116   Saving of regulations - notional taxed contributions

(1) This item applies to a regulation if:

(a) the regulation was made for the purposes of subsection 292-170(1) of the Income Tax Assessment Act 1997; and

(b) the regulation was in force immediately before the commencement of this item.

(2) The regulation has effect, after the commencement of this item, as if it had been made under subsection 291-170(1) of the Income Tax Assessment Act 1997 as amended by this Act.