A 65-year old working member of a superannuation fund made a series of non-concessional contributions to the fund totalling $180,000 in the financial year 2018/19. The trustees of the fund must?

Select one:

a. Retain the full amount

b. Return the entire contribution to the member

c. Return any excess contribution to the member

d. Deduct excess contributions tax, if any, from the contribution