Superannuation Contributions Tax (Assessment and Collection) Act 1997



42(1)   [Governor-General may make regulations]  

The Governor-General may make regulations prescribing matters:

(a) required or permitted by this Act to be prescribed; or

(b) necessary or convenient to be prescribed for carrying out or giving effect to this Act;

and, in particular, prescribing:

(c) how statements are to be given to the Commissioner; and

(d) penalties, not exceeding a fine of 5 penalty units, for offences against the regulations.

42(2)   [Modifications to ruling]  

The regulations may modify Superannuation Contributions Ruling SCR 97/1 by doing any one or more of the following:

(a) inserting a provision in the ruling;

(b) omitting a provision from the ruling;

(c) altering a provision in the ruling.

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