Superannuation Legislation Amendment (Early Release of Superannuation) Act 2011 (108 of 2011)

Schedule 1  

Part 1   Administration of early release of superannuation on compassionate grounds

Superannuation Industry (Supervision) Act 1993

8   Paragraph 6(1)(b)

Repeal the paragraph, substitute:

(b) APRA also has the general administration of Parts 3 and 6 (other than section 60A) and section 105 to the extent that that administration is not conferred on any of the following:

(i) the Chief Executive Medicare by paragraph (ba);

(ii) ASIC by paragraph (d);

(iii) the Commissioner of Taxation by paragraph (f); and

(ba) the Chief Executive Medicare has the general administration of regulations made under Part 3 to the extent that the regulations relate to making determinations that an amount of benefits in a superannuation entity may be released on compassionate grounds; and