Gregory F Parkin
GPO Box 6
CANBERRA  ACT 2600

8 April 2014

Senior Adviser
Personal and Retirement Income Division
The Treasury
Langton Crescent
PARKES ACT 2600

By email: superannuation@treasury.gov.au

EXPOSURE DRAFT: SUSTAINING THE SUPERANNUATION CONTRIBUTION CONCESSION – DIVISION 293 TAX - CALCULATING NOTIONAL CONTRIBUTIONS FOR DEFINED BENEFIT INTERESTS

I suggest a correction to Note 1 to subclause 4(1) of new Schedule 1AA in the Exposure Draft (exposure draft for Tax and Superannuation Laws Amendment (2014 Measures No. 2) Regulation 2014: Calculating defined benefit contributions—final arrangements from 1 July 2013).
It should use the phrase “constitutionally protected funds” rather than “constitutionally protected schemes”.  This is for consistency with the language of section 291-160 of the Act and with the definition of NTC in subclause 4(1).

Yours sincerely

Greg Parkin