Commonwealth Numbered Acts

TAXATION LAWS AMENDMENT ACT (No. 4) 1987 No. 138 of 1987 - SECT 19

19. Section 82AAT of the Principal Act is amended:

   (a)  by omitting subsection (1) and substituting the following subsection:

"(1) Subject to this section, where:

   (a)  an eligible person makes a contribution to a fund to obtain
        superannuation benefits for the eligible person or, in the event of
        the death of the eligible person, for dependants of the eligible
        person; and

   (b)  section 23FC applies in relation to the fund in relation to the year
        of income of the fund in which the contribution is made; the amount of
        the contribution is an allowable deduction in respect of the year of
        income of the eligible person in which the contribution is made."; and

   (b)  by omitting subsection (3).