Treasury Laws Amendment (Your Superannuation, Your Choice) Bill 2019

Supplementary Explanatory Memorandum

(Circulated by authority of the Assistant Minister for Superannuation, Financial Services and Financial Technology, Senator the Hon Jane Hume)
Amendments to be moved on behalf of the Government

Chapter 1 - Choice of fund for workplace determinations and enterprise agreements - Amendments

Amendments 1 and 2

1.1 Amendments 1 and 2 amend Schedule 1 to the Bill to update the date specified in the measure that determines the time from which it applies to new workplace determinations and enterprise agreements. The measure will now apply to workplace determinations and enterprise agreements made on or after 1 January 2021.

1.2 These changes will ensure that the amendments do not have retrospective effect in relation to determinations or agreements that were made before the amendments in the Bill are enacted.

Copyright notice

© Australian Taxation Office for the Commonwealth of Australia

You are free to copy, adapt, modify, transmit and distribute material on this website as you wish (but not in any way that suggests the ATO or the Commonwealth endorses you or any of your services or products).