Taxation Laws Amendment (Superannuation) Act 1993 (7 of 1993)

PART 5   AMENDMENT OF THE SUPERANNUATION GUARANTEE (ADMINISTRATION) ACT 1992

Division 2   Amendments relating to defined benefit superannuation schemes

60   Reduction of charge percentage where contribution made to fund other than defined benefit superannuation scheme

Section 23 of the Principal Act is amended by inserting after subsection (8) the following subsection:

(Contribution made when conversion notice has effect not to be taken into account under this section)

"(8A) A contribution to a superannuation fund made by an employer for the benefit of an employee at a time when a conversion notice has effect in relation to the fund is not at any time to be taken into account under this section.".