Superannuation Supervisory Levy Imposition Amendment Act 2012

No. 92, 2012

An Act to amend the Superannuation Supervisory Levy Imposition Act 1998, and for related purposes

Contents

1 Short title

2 Commencement

3 Schedule(s)

Schedule 1—Amendment of the Superannuation Supervisory Levy Imposition Act 1998

Superannuation Supervisory Levy Imposition Act 1998

Superannuation Supervisory Levy Imposition Amendment Act 2012

No. 92, 2012

An Act to amend the Superannuation Supervisory Levy Imposition Act 1998, and for related purposes

[Assented to 28 June 2012]

The Parliament of Australia enacts:

1  Short title

  This Act may be cited as the Superannuation Supervisory Levy Imposition Amendment Act 2012.

2  Commencement

  This Act commences on the day this Act receives the Royal Assent.

3  Schedule(s)

  Each Act that is specified in a Schedule to this Act is amended or repealed as set out in the applicable items in the Schedule concerned, and any other item in a Schedule to this Act has effect according to its terms.

Schedule 1—Amendment of the Superannuation Supervisory Levy Imposition Act 1998

Superannuation Supervisory Levy Imposition Act 1998

1  At the end of section 7

Add:

 (5) Without limiting subsection (3), the Treasurer may make more than one determination, for a financial year, about any or all of the matters referred to in that subsection.

2  Application

The amendment made by this Schedule applies from 1 July 2012.

[Minister’s second reading speech made in—

House of Representatives on 24 May 2012

Senate on 19 June 2012]