House of Representatives

Tax and Superannuation Laws Amendment (Increased Concessional Contributions Cap and Other Measures) Bill 2013

Superannuation (Sustaining the Superannuation Contribution Concession) Imposition Bill 2013

Explanatory Memorandum

(Circulated by the authority of the Minister for Employment and Workplace Relations and Minister for Financial Services and Superannuation, the Hon Bill Shorten MP)


following abbreviations and acronyms are used throughout this explanatory memorandum.

Abbreviation Definition
ATI adjusted taxable income
ATO Australian Taxation Office
AWOTE average weekly ordinary time earnings
cap concessional contributions cap
Co-contribution Act Superannuation ( Government Co-contribution for Low Income Earners ) Act 2003
Commissioner Commissioner of Taxation
IT(TP) 1997 Income Tax (Transitional Provisions) Act 1997
ITAA 1997 Income Tax Assessment Act 1997
LISC low income superannuation contribution

View full documentView full documentBack to top