Second Reading Speeches

Superannuation Legislation Amendment (Reform of Self Managed Superannuation Funds Supervisory Levy Arrangements) Bill 2013

Type
Government
Portfolio
Treasury
Originating house
House of Representatives
Status
Act
Parliament no
43

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Summary

Amends the:

Superannuation (Self Managed Superannuation Funds) Supervisory Levy Imposition Act 1991
to: increase the maximum levy payable by a trustee of a self managed superannuation fund for an income year from $200 to $300, effective from the 2013-14 financial year; and make consequential amendments; and
Superannuation (Self Managed Superannuation Funds) Taxation Act 1987
to: provide that the levy payable for a year of income is due and payable on a day specified in the regulations; and make consequential amendments.

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