Treasury Laws Amendment (Building a Stronger and Fairer Super System) Act 2026 (8 of 2026)

Schedule 1   Better targeted superannuation concessions

Judges' Pensions Act 1968

37   Subsection 17AM(1)

Repeal the subsection, substitute:

(1) In addition to any requirements in Division 135 in Schedule 1 to the Taxation Administration Act 1953:

(a) the amount of a release authority lump sum paid in relation to a release authority issued to a Judge must not have the effect that the Judge's retirement pension is reduced below zero; and

(b) the amount of a release authority lump sum paid in relation to a release authority issued to a person must not have the effect that the person's associate deferred pension is reduced below zero.