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1. Payments by the employers of members of the fund: $2,500,000. This is considered as concessional contributions under section 290-60 of the ITAA 1997. 2.
1. Payments by the employers of members of the fund: $2,500,000. This is considered as concessional contributions under section 290-60 of the ITAA 1997. 2. Payments by members of the fund for the benefit of their spouses and children: $45,000. These are non-concessional contributions under section 292-90 of the ITAA 1997. 3. Payment by the Australian Tax Office in respect of members who qualified for the Government co-contribution: $30,000. This is a government co-contribution under section 7 of the Superannuation (Government Co-contribution for Low Income Earners) Act 2003. 4. A payment by a sister of one of the members of the fund in respect of that member: $5,000. This is a non-concessional contribution under section 292-90 of the ITAA 1997. 5. A payment from a UK based pension fund in respect of a member of the Matrix Superannuation Fund where the member had given the trustee a notice under s305-80 of the ITAA 1997: $15,000. This is a foreign superannuation fund amount under section 305-80 of the ITAA 1997. 6. A payment from a Victorian public sector fund, a constitutionally protected superannuation fund, to the account of a member of the Matrix Superannuation Fund: $80,000. This is a rollover superannuation benefit under section 306-10 of the ITAA 1997. 7. Payments by members who have given the trustee a valid deduction notice under section 290-170 of the ITAA 1997 in respect of 100% of the payments: $285,000. PROVIDE MORE DETAIL AND SECTION OF THE LEGISLATIO
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