Superannuation (Productivity Benefit) (Penalty Interest) Amendment Determination 2008 (No. 1)1

I, NICK SHERRY, Minister for Superannuation and Corporate Law, acting for and on behalf of the Minister for Finance and Deregulation, make the following Determination under section 4G of the Superannuation (Productivity Benefit) Act 1988.

Dated 19 June 2008

1 Name of Determination

  This Determination is the Superannuation (Productivity Benefit) (Penalty Interest) Amendment Determination 2008 (No.1).

2 Commencement

  This Determination commences on 1 July 2008.

3 Amendment of Superannuation (Productivity Benefit) (Penalty Interest) Determination 1995

  Schedule 1 amends the Superannuation (Productivity Benefit) (Penalty Interest) Determination 1995.

Schedule 1 Amendment

(section 3)

[2] Schedule, after the last item

insert

2008–2009 8.29%

1. This Determination amends Statutory Rules 1995 No. 177, as amended by 1996 No. 119; 1997 No. 147; 1998 No. 201; 1999 No. 138; 2000 No. 169; 2001 No. 169; 2002 No. 135; 2003 No. 177; 2004 No. 201; F2005L01868, F2006L01991, F2007L01964.

2. All legislative instruments and compilations are registered on the Federal Register of Legislative Instruments kept under the Legislative Instruments Act 2003. See www.frli.gov.au.