Commonwealth Consolidated Acts Commonwealth Consolidated ActsFirst Home Saver Account Providers Supervisory Levy Imposition Act 2008
1 The whole of the Act
Repeal the Act.
First Home Saver Accounts Act 2008
2 The whole of the Act
Repeal the Act.
Income Tax (First Home Saver Accounts Misuse Tax) Act 2008
3 The whole of the Act
Part 2 -- Consequential amendments
Anti - Money Laundering and Counter - Terrorism Financing Act 2006
4 Section 5 (definition of contribution )
Repeal the definition, substitute:
"contribution" , in relation to an RSA, has the same meaning as in the Retirement Savings Accounts Act 1997 .
5 Section 5 (definition of FHSA )
Repeal the definition.
6 Section 5 (definition of FHSA provider )
Repeal the definition.
7 Subsection 6(2) (table items 43A and 43B)
Repeal the items.
Australian Prudential Regulation Authority Act 1998
8 Subsection 3(1) ( paragraph ( fa) of the definition of prudential regulation framework law )
Repeal the paragraph.
9 Paragraph 3(2)(g)
Omit " 1997 ;", substitute " 1997 .".
10 Paragraph 3(2)(h)
Repeal the paragraph.
11 Subsection 3(2) (note)
Omit ", RSA is short for retirement savings account and FHSA is short for first home saver account", substitute "and RSA is short for retirement savings account".
12 Subsection 56(1) ( subparagraph ( e)(ii) of the definition of protected document )
Omit "Taxation; or", substitute "Taxation.".
13 Subsection 56(1) ( paragraph ( f) of the definition of protected document )
Repeal the paragraph.
14 Subsection 56(1) ( subparagraph ( e)(ii) of the definition of protected information )
Omit "Taxation; or", substitute "Taxation.".
15 Subsection 56(1) ( paragraph ( f) of the definition of protected information )
Repeal the paragraph.
Australian Securities and Investments Commission Act 2001
16 Paragraph 12A(1)(h)
Repeal the paragraph.
17 Paragraph 12BAA(7)(ga)
Repeal the paragraph.
18 Subparagraph 11CA(1)(a)(iii)
Repeal the subparagraph.
19 Paragraph 11CA(1)(c)
Omit ", the Financial Sector (Collection of Data) Act 2001 or the First Home Saver Accounts Act 2008 ", substitute "or the Financial Sector (Collection of Data) Act 2001 ".
20 Subparagraph 11CA(2)(aa)(ii)
Omit "or".
21 Subparagraph 11CA(2)(aa)(iii)
Repeal the subparagraph.
22 Subsection 18A(5)
Repeal the subsection.
23 Section 51A (definition of reviewable decision of APRA )
Omit "or the First Home Saver Accounts Act 2008 ".
24 Subsection 62A(4)
Repeal the subsection.
25 Paragraph 69(3)(b)
Repeal the paragraph.
26 Subsection 69(3) (note)
Repeal the note.
27 Section 9 (definition of FHSA product )
Repeal the definition.
28 Section 9 ( paragraph ( ha) of the definition of managed investment scheme )
Repeal the paragraph.
29 Section 761A ( paragraph ( da) of the definition of basic deposit product )
Repeal the paragraph.
30 Section 761A (definition of FHSA product )
Repeal the definition.
31 Subsection 761E(3) (table item 2A)
Repeal the item.
32 Paragraph 761E(3A)(ba)
Repeal the paragraph.
33 Paragraph 764A(1)(ha)
Repeal the paragraph.
34 Paragraph 766E(3)(cb)
Repeal the paragraph.
35 Subsection 946AA(1A)
Repeal the subsection.
36 Paragraph 961F(c)
Repeal the paragraph.
37 Subsection 1016A(1) ( paragraph ( da) of the definition of relevant financial product )
Repeal the paragraph.
38 Subparagraphs 1017D(1)(b)(iiia) and 1019A(1)(a)(iiia)
Repeal the subparagraphs.
Financial Institutions Supervisory Levies Collection Act 1998
39 Section 7 ( paragraph ( f) of the definition of leviable body )
Omit "entity;", substitute "entity.".
40 Section 7 ( paragraph ( g) of the definition of leviable body )
Repeal the paragraph.
41 Section 7 (definition of leviable FHSA entity )
Repeal the definition.
42 Section 7 ( paragraph ( f) of the definition of levy )
Omit " 1998 ; or", substitute " 1998 .".
43 Section 7 ( paragraph ( g) of the definition of levy )
Repeal the paragraph.
44 Subsection 8(7)
Repeal the subsection.
Fringe Benefits Tax Assessment Act 1986
45 Subsection 136(1) ( paragraph ( hd) of the definition of fringe benefit )
Repeal the paragraph.
46 Subsection 5(2B)
Repeal the subsection.
Income Tax Assessment Act 1936
47 Subsection 6(1) ( paragraph ( h) of the definition of assessment )
Omit "payable); or", substitute "payable).".
48 Subsection 6(1) ( paragraph ( i) of the definition of assessment )
Repeal the paragraph.
49 Subsection 6(1) (definition of FHSA )
Repeal the definition.
50 Subsection 6(1) (definition of FHSA trust )
Repeal the definition.
51 Subsection 6(1) ( paragraph ( f) of the definition of full self - assessment taxpayer )
Omit "year;", substitute "year.".
52 Subsection 6(1) ( paragraph ( g) of the definition of full self - assessment taxpayer )
Repeal the paragraph.
53 Subparagraph 26AH(7)(ba)(i)
Omit "superannuation/FHSA", substitute "superannuation".
54 Section 95AA
Repeal the section.
55 Subparagraph 102MD(a)(ii)
Omit "superannuation/FHSA", substitute "superannuation".
56 Paragraph 124ZM(3)(d)
Omit "or" (last occurring).
57 Paragraph 124ZM(3)(da)
Repeal the paragraph.
58 Paragraph 124ZM(6)(a)
Insert:
"complying superannuation class of taxable income" is the life assurance company's complying superannuation class of taxable income, within the meaning of the Income Tax Assessment Act 1997 , for the year of income in which the distribution is made.
59 Paragraph 124ZM(6)(a) (definition of complying superannuation/FHSA class of taxable income )
Repeal the definition.
60 Paragraph 202(kb)
Repeal the paragraph.
61 Section 202A (definition of interest - bearing account )
Omit "or FHSA".
62 Section 202A (definition of interest - bearing deposit )
Omit "or FHSA".
63 Section 202A (definition of unit trust )
Omit "an FHSA trust or".
64 Paragraph 272 - 100(e) in Schedule 2F
Repeal the paragraph.
Income Tax Assessment Act 1997
65 Section 9 - 1 (table item 8A)
Repeal the item.
66 Section 10 - 5 (table item headed "first home saver accounts")
Repeal the item.
67 Section 10 - 5 (table item headed "reimbursements")
Omit " first home saver accounts, ".
68 Section 11 - 55 (table item headed "first home saver accounts")
Repeal the item.
69 Section 15 - 80
Repeal the section.
70 Paragraphs 51 - 120(c) and (d)
Repeal the paragraphs.
71 Subparagraph 115 - 100(a)(ii)
Omit "or * FHSA trust".
72 Subparagraphs 115 - 100(b)(iia) and 115 - 280(1)(a)(ia)
Repeal the subparagraphs.
73 Paragraph 115 - 280(2)(a)
Omit "or an * FHSA trust".
74 Paragraph 115 - 280(2)(b)
Omit ", an FHSA trust".
75 Paragraph 115 - 280(5)(a)
Omit "or an * FHSA trust".
76 Paragraph 115 - 280(5)(b)
Omit ", an FHSA trust".
77 Paragraphs 166 - 245(2)(ba) and (3)(ba)
Repeal the paragraphs.
78 Subsection 205 - 15(3)
Repeal the subsection, substitute:
(3) Despite item 1 or 2 of the table in subsection ( 1), no credit arises on that part of the payment that is attributable to a payment of income tax in relation to an * RSA component.
79 Paragraph 205 - 30(2)(a)
Repeal the paragraph, substitute:
(a) a payment of income tax in relation to an * RSA component;
80 Paragraphs 207 - 15(2)(a) and 207 - 35(1)(c)
Omit "or * FHSA trust".
81 Paragraph 207 - 45(ca)
Repeal the paragraph.
82 Subsection 210 - 175(2)
Insert:
"complying superannuation class of taxable income" means the * complying superannuation class of taxable income of the company for the income year in which the * distribution is made.
83 Subsection 210 - 175(2) (definition of complying superannuation/FHSA class of taxable income )
Repeal the definition.
84 Subparagraph 290 - 5(c)(iii)
Omit "Australia;", substitute "Australia.".
85 Paragraphs 290 - 5(d) and (e)
Repeal the paragraphs.
86 Subsection 295 - 10(2) (step 4 of the method statement)
Repeal the step.
87 Subsection 295 - 10(2) (step 5 of the method statement)
Omit "and the * FHSA component are", substitute "is".
88 Section 295 - 171
Repeal the section.
89 Section 295 - 495 (table item 4A)
Repeal the item.
90 Paragraph 295 - 555(1)(b)
Repeal the paragraph.
91 Subsection 295 - 555(1) (note)
Omit "and the FHSA component (if applicable) are", substitute "is".
92 Subsection 295 - 555(3)
Omit "sum of the * RSA component and the * FHSA component (if any)", substitute " * RSA component".
93 Paragraph 295 - 555(3)(b)
Omit "and the FHSA component (if any)".
94 Subsection 295 - 555(4)
Omit "and the * FHSA component (if any)".
95 Paragraph 295 - 615(1)(b)
Omit ", the First Home Saver Accounts Act 2008 ".
96 Paragraph 295 - 615(1)(d)
Omit " 1997 ;", substitute " 1997 .".
97 Paragraph 295 - 615(1)(e)
Repeal the paragraph.
98 Section 320 - 1
Omit "or FHSAs" (wherever occurring).
99 Paragraph 320 - 80(2)(b)
Omit ", * FHSA".
100 Paragraph 320 - 85(2)(ba)
Repeal the paragraph.
101 Subsection 320 - 107(3)
Insert:
"complying superannuation class rate" is the rate of tax imposed on the * complying superannuation class of the company's taxable income for the income year.
102 Subsection 320 - 107(3) (definition of complying superannuation/FHSA class rate )
Repeal the definition.
103 Division 345
Repeal the Division.
104 Subparagraph 380 - 15(1)(d)(iv)
Repeal the subparagraph.
105 Subsection 713 - 545(6)
Insert:
"complying superannuation class tax rate" means the rate of tax in respect of the * complying superannuation class of the taxable income of a * life insurance company for the income year in which the joining time occurs (see paragraph 23A(b) of the Income Tax Rates Act 1986 ).
106 Subsection 713 - 545(6) (definition of complying superannuation/FHSA class tax rate )
Repeal the definition.
107 Subsection 995 - 1(1)
Insert:
"complying superannuation asset" has the meaning given by subsection 320 - 170(6).
"complying superannuation asset pool" has the meaning given by subsection 320 - 170(6).
"complying superannuation class" :
(a) for a taxable income of a * life insurance company--has the meaning given by section 320 - 137; or
(b) for a * tax loss of a * life insurance company--has the meaning given by section 320 - 141.
"complying superannuation liabilities" of a * life insurance company means liabilities of the company under * life insurance policies referred to in subsection 320 - 190(1).
"complying superannuation life insurance policy" means a * life insurance policy that:
(a) is held by:
(i) the trustee of a fund that is a * complying superannuation fund or a * complying approved deposit fund; or
(ii) the trustee of a * pooled superannuation trust; or
(b) is held by an individual and:
(i) provides for an * annuity that is not presently payable, if the annuity was purchased out of a * superannuation lump sum or an * employment termination payment; or
(ii) is so held in the benefit fund of a * friendly society, being a fund that is a * regulated superannuation fund; or
(c) is held by another * life insurance company and is a * complying superannuation asset of that company;
and is not an * excluded complying superannuation life insurance policy.
"excluded complying superannuation life insurance policy" means a * life insurance policy that:
(a) provides only for * superannuation death benefits, * disability superannuation benefits or temporary disability benefits of a kind referred to in paragraph 295 - 460(c), that are not * participating benefits; or
(b) is an * exempt life insurance policy.
108 Subsection 995 - 1(1) (definition of standard component )
Repeal the definition, substitute:
"standard component" has the meaning given by section 295 - 555.
109 Subsection 3(1)
Insert:
"complying superannuation class" of the taxable income of a life insurance company has the same meaning as in the Income Tax Assessment Act 1997 .
110 Subsection 3(1) (definition of complying superannuation/FHSA class )
Repeal the definition.
111 Subsection 3(1) (definition of FHSA component )
Repeal the definition.
112 Subsection 3(1) (definition of FHSA provider )
Repeal the definition.
113 Subsection 3(1) (definition of FHSA trust )
Repeal the definition.
114 Paragraph 23(3)(aa)
Repeal the paragraph.
115 Subsection 23(3A)
Repeal the subsection.
116 Paragraph 23A(b)
Omit "superannuation/FHSA", substitute "superannuation".
117 Section 30
Repeal the section.
118 Subparagraph 14(2)(a)(ii)
Omit "or" (last occurring), substitute "and".
119 Subparagraph 14(2)(a)(iii)
Repeal the subparagraph.
120 Subparagraph 14(4)(b)(ii)
Omit "be; or", substitute "be.".
121 Subparagraph 14(4)(b)(iii)
Repeal the subparagraph.
122 Subsection 74(1)
Omit "(1)".
123 Subsection 74(2)
Repeal the subsection.
124 Subsection 126(1)
Omit "(1) In", substitute "In".
125 Subsection 126(2)
Repeal the subsection.
126 Subsection 216(1)
Omit "or FHSAs (within the meaning of the First Home Saver Accounts Act 2008 )".
127 Subsection 216(1) (note)
Repeal the note.
128 Subsections 230A(14), 230B(11) and 236(1AA)
Repeal the subsections.
129 Paragraph 8(8)(ba)
Repeal the paragraph.
130 Subsection 9(1) (definition of financial investment )
Omit "an investment in an FHSA (within the meaning of the First Home Saver Accounts Act 2008 ) or".
131 Subsection 9(1) ( paragraph ( b) of the definition of investment )
Omit "(9A); or", substitute "(9A).".
132 Subsection 9(1) ( paragraph ( c) of the definition of investment )
Repeal the paragraph.
133 Subsection 9(1) ( paragraph ( b) of the definition of return )
Omit "investment; or", substitute "investment.".
134 Subsection 9(1) ( paragraph ( c) of the definition of return )
Repeal the paragraph.
135 Paragraph 9(1C)(cb)
Repeal the paragraph.
136 Subsection 9(9B)
Repeal the subsection.
137 Subsection 10B(2) ( paragraph ( ca) of the definition of trust )
Repeal the paragraph.
138 Subsection 23(1) ( paragraph ( b) of the definition of investment )
Omit "(9A); or", substitute "(9A).".
139 Subsection 23(1) ( paragraph ( c) of the definition of investment )
Repeal the paragraph.
140 Subsection 23(1) ( paragraph ( b) of the definition of return )
Omit "9(1); or", substitute "9(1).".
141 Subsection 23(1) ( paragraph ( c) of the definition of return )
Repeal the paragraph.
142 Paragraph 1118(1)(fa)
Repeal the paragraph.
143 Paragraph 1207P(1)(c)
Omit "(4)); or", substitute "(4)).".
144 Paragraph 1207P(1)(d)
Repeal the paragraph.
Superannuation (Government Co - contribution for Low Income Earners) Act 2003
145 Subparagraph 7(1)(c)(iv)
Omit " 1997 ;", substitute " 1997 .".
146 Subparagraphs 7(1)(c)(v) and (vi)
Repeal the subparagraphs.
Superannuation Industry (Supervision) Act 1993
147 Paragraph 29G(2)(f)
Omit "29EB;", substitute "29EB.".
148 Paragraph 29G(2)(v)
Repeal the paragraph.
149 Subsection 108A(3)
Omit all the words after paragraph ( b).
150 Subsection 108A(3) (note)
Repeal the note.
Taxation Administration Act 1953
151 Subsection 8AAB(4) (table items 4 and 16)
Repeal the items.
152 Paragraph 15C(8)(c)
Repeal the paragraph.
153 Paragraph 12 - 1(3)(b) in Schedule 1
Repeal the paragraph, substitute:
(b) is not an exempt benefit under section 22 of that Act (about reimbursement of car expenses on the basis of distance travelled).
154 Paragraph 45 - 120(2)(c) in Schedule 1
Omit "or".
155 Paragraph 45 - 120(2)(ca) in Schedule 1
Repeal the paragraph.
156 Paragraph 45 - 120(2A)(b) in Schedule 1
Omit "superannuation/FHSA", substitute "superannuation".
157 Paragraph 45 - 290(2)(c) in Schedule 1
Omit "year; or", substitute "year.".
158 Paragraph 45 - 290(2)(d) in Schedule 1
Repeal the paragraph.
159 Subsection 45 - 290(3) in Schedule 1
Omit "superannuation/FHSA", substitute "superannuation".
160 Paragraph 45 - 330(2)(c) in Schedule 1
Omit "year; or", substitute "year.".
161 Paragraph 45 - 330(2)(d) in Schedule 1
Repeal the paragraph.
162 Subsection 45 - 330(3) in Schedule 1 (steps 4, 5 and 6 of the method statement)
Omit "superannuation/FHSA" (wherever occurring), substitute "superannuation".
163 Paragraph 45 - 370(2)(c) in Schedule 1
Omit "year; or", substitute "year.".
164 Paragraph 45 - 370(2)(d) in Schedule 1
Repeal the paragraph.
165 Subsection 45 - 370(3) in Schedule 1 (step 2 of the method statement)
Omit "superannuation/FHSA", substitute "superannuation".
166 Subsection 250 - 10(2) in Schedule 1 (table items 24D, 24E and 38C)
Repeal the items.
167 Subsections 286 - 75(2B) and (2C) in Schedule 1
Repeal the subsections.
168 Subsection 288 - 70(1) in Schedule 1 (heading)
Repeal the heading, substitute:
Complying superannuation asset pool--calculation of an amount
169 Subsection 288 - 70(2) in Schedule 1 (heading)
Repeal the heading, substitute:
Complying superannuation asset pool--transfer following valuation
170 Paragraph 288 - 70(2)(a) in Schedule 1
Omit "superannuation/FHSA", substitute "superannuation".
171 Subsection 355 - 65(3) in Schedule 1 (table item 6)
Repeal the item.
172 Subsection 355 - 65(4) in Schedule 1 (table item 5)
Repeal the item.
173 Subsection 355 - 65(5) in Schedule 1 (cell at table item 2, column headed "and the record or disclosure ... ")
Repeal the cell, substitute:
(a) is of rental information, residential address information or spousal information; and (b) is for the purpose of administering the First Home Owner Grant (New Homes) Act 2000 (NSW), or a similar * State law or * Territory law. |
174 Division 391 in Schedule 1
Repeal the Division.
Veterans' Entitlements Act 1986
175 Paragraph 5H(8)(ia)
Repeal the paragraph.
176 Subsection 5J(1) (definition of financial investment )
Omit "an investment in an FHSA (within the meaning of the First Home Saver Accounts Act 2008 ) or".
177 Subsection 5J(1) ( paragraph ( b) of the definition of investment )
Omit "(6A); or", substitute "(6A).".
178 Subsection 5J(1) ( paragraph ( c) of the definition of investment )
Repeal the paragraph.
179 Subsection 5J(1) ( paragraph ( aa) of the definition of return )
Repeal the paragraph.
180 Paragraph 5J(1C)(cb)
Repeal the paragraph.
181 Subsection 5J(6B)
Repeal the subsection.
182 Subsection 5Q(1) ( paragraph ( b) of the definition of investment )
Omit "subsection 5J(6A); or", substitute "subsection 5J(6A).".
183 Subsection 5Q(1) ( paragraph ( c) of the definition of investment )
Repeal the paragraph.
184 Subsection 5Q(1) ( paragraph ( b) of the definition of return )
Repeal the paragraph.
185 Paragraph 52(1)(faa)
Repeal the paragraph.
186 Paragraph 52ZZB(1)(c)
Omit "(4)); or", substitute "(4)).".
187 Paragraph 52ZZB(1)(d)
Repeal the paragraph.
Division 2--Repeals of Tax Code definitions
Income Tax Assessment Act 1997
188 Subsection 995 - 1(1)
Repeal the following definitions:
(a) definition of complying superannuation/FHSA asset ;
(b) definition of complying superannuation/FHSA asset pool ;
(c) definition of complying superannuation/FHSA class ;
(d) definition of complying superannuation/FHSA liabilities ;
(e) definition of complying superannuation/FHSA life insurance policy ;
(f) definition of excluded complying superannuation/FHSA life insurance policy ;
(g) definition of FHSA ;
(h) definition of FHSA component ;
(i) definition of FHSA holder ;
(j) definition of FHSA home acquisition payment ;
(k) definition of FHSA ineligibility payment ;
(l) definition of FHSA misuse tax ;
(m) definition of FHSA mortgage payment ;
(n) definition of FHSA payment conditions ;
(o) definition of FHSA provider ;
(p) definition of FHSA trust ;
(q) definition of Government FHSA contribution .
Division 3--Other bulk amendments
Income Tax Assessment Act 1997
189 The whole of the Act
Omit every occurrence of "superannuation/FHSA", substitute "superannuation".
190 The whole of the Act
Omit every occurrence of " superannuation/FHSA ", substitute " superannuation ".
191 The whole of the Act
Omit every occurrence of " superannuation/FHSA ", substitute " superannuation ".
192 The whole of the Act
Omit every occurrence of " superannuation/FHSA ", substitute " superannuation ".
Part 3 -- Amendment of the Omnibus Repeal Day (Spring 2014) Act 2015
Omnibus Repeal Day (Spring 2014) Act 2015
193 Division 2 of Part 1 of Schedule 8 (heading specifying First Home Saver Accounts Act 2008 )
Repeal the heading.
194 Items 4 and 5 of Schedule 8
Repeal the items.
Part 4 -- Application and transitional provisions
195 Definitions
In this Part:
FHSA Act means the First Home Saver Accounts Act 2008 , as in force just before the commencement of this item.
Division 2--General provisions
196 No new FHSAs
(1) An account, life policy or beneficial interest opened or issued after 7:30 pm (by legal time in the Australian Capital Territory) on 13 May 2014 is not, and never was, an FHSA.
(2) Subitem ( 1) does not apply if:
(a) the application for that opening or issuing (see paragraph 19(1)(a) of the FHSA Act) was given to the provider before that 7:30 pm; and
(b) the account, life policy or beneficial interest was opened or issued on or before 30 June 2015.
197 FHSA regime ends on 1 July 2015
(1) On 1 July 2015, a n FHSA ceases to be a n FHSA.
(2) Despite subitem ( 1), the repeals and amendments made by this Schedule do not apply in relation to acts done or omitted to be done, or states of affairs existing:
(a) before 1 July 2015; or
(b) on or after 1 July 2015 as a result of the operation of this Part (including this subitem).
198 Making and amending assessments, and doing other things, in relation to past matters
Even though an Act is repealed or amended by this Schedule, the repeal or amendment is disregarded for the purpose of doing any of the following under any Act or legislative instrument:
(a) making or amending an assessment (including under a provision that is itself repealed or amended);
(b) exercising any right or power, performing any obligation or duty or doing any other thing (including under a provision that is itself repealed or amended);
in relation to any act done or omitted to be done, any state of affairs existing, or any period ending, before the repeal or amendment applies.
199 Saving of provisions about effect of assessments
If a provision or part of a provision that is repealed or amended by this Schedule deals with the effect of an assessment, the repeal or amendment is disregarded in relation to assessments made, before or after the repeal or amendment applies, in relation to any act done or omitted to be done, any state of affairs existing, or any period ending, before the repeal or amendment applies.
200 Saving of provisions about FHSA misuse tax, general interest charge and interest
If:
(a) a provision or part of a provision that is repealed or amended by this Schedule provides for the payment of:
(i) FHSA misuse tax (within the meaning of the Income Tax Assessment Act 1997 , as in force just before the commencement of this item); or
(ii) general interest charge (within the meaning of the Taxation Administration Act 1953 ); or
(iii) interest under the Taxation (Interest on Overpayments and Early Payments) Act 1983 ; and
(b) in a particular case, the period in respect of which the tax, charge or interest is payable (whether under the provision or under the Taxation Administration Act 1953 ) has not begun, or has begun but not ended, when the provision is repealed or amended;
then, despite the repeal or amendment, the provision or part continues to apply in the particular case until the end of the period.
201 Repeals disregarded for the purposes of dependent provisions
(1) If the operation of a provision (the subject provision ) of any Act or legislative instrument made under any Act depends to any extent on an Act, or a provision of an Act, that is repealed by this Schedule, the repeal is disregarded so far as it affects the operation of the subject provision.
(2) Subitem ( 1) does not apply to the repeal of a provision of the Social Security Act 1991 or the Veterans' Entitlements Act 1986 by this Schedule.
202 Interaction with other laws
(1) This Division does not limit the operation of section 7 of the Acts Interpretation Act 1901 .
(2) This Division has effect subject to Division 3.
Division 3--Specific provisions
203 FHSA eligibility requirements
(1) Section 20 of the FHSA Act (including that section as affected by subsection 128A(5)) does not apply, on or after 1 July 2015, in respect of circumstances that arose on or after 1 June 2015.
(2) Section 21 of the FHSA Act does not apply on or after 1 July 2015, even in relation to circumstances that arose before 1 July 2015.
(3) Section 22 of the FHSA Act does not apply, on or after 1 July 2015, in relation to trigger days that occur on or after 17 June 2015.
204 Government FHSA contributions
(1) A Government FHSA contribution is not payable for the 2014 - 15 financial year or a later financial year.
(2) The amendments made by this Schedule do not apply in relation to Government FHSA contributions for the 2013 - 14 financial year or an earlier financial year.
Example: Subsection 345 - 50(3) of the Income Tax Assessment Act 1997 (which makes Government FHSA contributions not assessable income and not exempt income) applies to a Government FHSA contribution for the 2013 - 14 year, even if it is paid after the repeal of that subsection by this Schedule.
(3) Despite anything in the FHSA Act or this Schedule, the Commissioner must not pay a Government FHSA contribution after 30 June 2017, unless the relevant income tax return is lodged, or the relevant notice is given, (as mentioned in paragraph 41(2)(a) of the FHSA Act) on or before 30 June 2017.
205 Tax file numbers
An individual who, just before the commencement of this item:
(a) had quoted his or her tax file number to an FHSA provider in connection with the operation or the possible future operation of the FHSA Act and the Superannuation Acts; and
(b) holds an FHSA provided by the FHSA provider that is an account;
is treated, from that commencement, as having quoted the individual's TFN to the FHSA provider in connection with the account under Division 4 of Part VA of the Income Tax Assessment Act 1936 .