House of Representatives
Superannuation Legislation Amendment (Early Release of Superannuation) Bill 2011
Explanatory Memorandum
(Circulated by the authority of the Deputy Prime Minister and Treasurer, the Hon Wayne Swan MP)Index
Part 1 of Schedule 1: Administration of early release of superannuation on compassionate grounds
| Bill reference | Paragraph number |
| Item 1, paragraph 3(1)(b) of the RSA Act | 1.10 |
| Item 2, section 16 of the RSA Act | 1.11 |
| Item 3, section 16 (at the end of the definition of Regulator ) of the RSA Act | 1.12 |
| Item 4, at the end of section 168 of the RSA Act | 1.13 |
| Item 5, section 173 of the RSA Act | 1.14 |
| Item 6, at the end of section 173 of the RSA Act | 1.14 |
| Item 7, after section 197 of the RSA Act | 1.15 |
| Item 8, paragraph 6(1)(b) of the SIS Act | 1.18 |
| Item 9, after subparagraph 6(1)(f)(i) of the SIS Act | 1.20 |
| Item 10, subsection 10(1) of the SIS Act | 1.21 |
| Item 11, subsection 10(1) (at the end of the definition of Regulator ) of the SIS Act | 1.22 |
| Item 12, at the end of section 320 | 1.23 |
| Item 13, subsection 326(1) | 1.29 |
| Item 14, section 327 | 1.24 |
| Item 15, at the end of section 327 | 1.24 |
| Item 16, after section 350 | 1.25 |
Part 2 of Schedule 2: Amendment of the Australian Prudential Regulation Authority Act 1998
| Bill reference | Paragraph number |
| Item 17, paragraphs 50(1)(a) and (b) of the APRA Act | 2.7 |
| Item 18, subsection 50(6) of the APRA Act | 2.8 |
| Item 19, subsection 50(6) of the APRA Act | 2.8 |
Part 3 of Schedule 1: Application and transitional provisions
| Bill reference | Paragraph number |
| Item 20, Application provision - determination about release on compassionate grounds | 1.27 |
| Item 21, Transitional - pending applications for determinations | 1.28 |
| Item 22, Application provision - determination about amount of levy money to cover Commonwealth costs | 2.9 |