House of Representatives
Superannuation Industry (Supervision) Legislation Amendment Bill 1995
Explanatory Memorandum
(Circulated by authority of the Treasurer, the Hon. Ralph Willis, MP)SCHEDULE 3 AMENDMENTS OF THE SUPERANNUATION ENTITIES (TAXATION) ACT 1987
Item 1 - Section 15DAA (definition of levy month )
10. This item amends subsection 15DAA of the Superannuation Entities (Taxation) Act 1987 (the SET Act) by deleting the definition of 'levy month'. This definition is no longer necessary given amendments to be made to the SET Act by the Taxation Laws Amendment Bill No 2 1995.