Treasury Laws Amendment (Fair and Sustainable Superannuation) Act 2016 (81 of 2016)
Schedule 1 Transfer balance cap
Part 1 Transfer balance cap
Taxation Administration Act 1953
18 Subsection 155-30(3) in Schedule 1
Repeal the subsection, substitute:
(3) This section does not apply to the following *assessable amounts:
(a) the *Division 293 tax payable by you in relation to an income year in relation to your *taxable contributions for the income year;
(b) the *excess transfer balance tax payable by you for an *excess transfer balance period.
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