Superannuation Contributions and Termination Payments Taxes Legislation Amendment Act 1997 (191 of 1997)

Schedule 4   Amendment of the Superannuation Contributions Tax (Assessment and Collection) Act 1997

43   Section 42

Repeal the section, substitute:

42 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.