Retirement Savings Accounts Amendment Regulation 2012 (No. 1)1

Select Legislative Instrument 2012 No. 1

I, QUENTIN BRYCE, Governor-General of the Commonwealth of Australia, acting with the advice of the Federal Executive Council, make the following regulation under the Retirement Savings Accounts Act 1997.

Dated 9 February 2012

QUENTIN BRYCE

Governor-General

By Her Excellency’s Command

BILL SHORTEN

Minister for Financial Services and Superannuation

1 Name of regulation

  This regulation is the Retirement Savings Accounts Amendment Regulation 2012 (No. 1).

2 Commencement

  This regulation commences on the day after it is registered.

3 Amendment of Retirement Savings Accounts Regulations 1997

  Schedule 1 amends the Retirement Savings Accounts Regulations 1997.

Schedule 1 Amendments

(section 3)

[1] Schedule 1, clause 3B

omit

For the financial year commencing on 1 July 2011,

substitute

For the financial years commencing on 1 July 2011 and 1 July 2012,

[2] Schedule 1A, clause 3B

omit

For the financial year commencing on 1 July 2011,

substitute

For the financial years commencing on 1 July 2011 and 1 July 2012,

[3] Schedule 4, clause 11

omit

For the financial year commencing on 1 July 2011,

substitute

For the financial years commencing on 1 July 2011 and 1 July 2012,

[4] Schedule 5, clause 3B

omit

For the financial year commencing on 1 July 2011,

substitute

For the financial years commencing on 1 July 2011 and 1 July 2012,

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