Superannuation Legislation Amendment Act (No. 3) 1999 (121 of 1999)

Schedule 2  

Superannuation Supervisory Levy Imposition Act 1998

42   Application provisions

(1) The Superannuation (Excluded Funds) Taxation Act 1987 continues to apply to the lodgment of a return in respect of the 1998-99 year of income as if the repeals and amendments of provisions of that Act made by this Schedule had not happened.

(2) The amendments of the Financial Institutions Supervisory Levies Collection Act 1998 made by this Schedule apply to an entity in respect of the financial year beginning on 1 July 2000 and subsequent financial years.

(3) Until 1 April 2000, the Superannuation (Resolution of Complaints) Act 1993 continues to apply to a fund that was an excluded fund immediately before the later of:

(a) 1 July 1999; and

(b) the day on which this Act received the Royal Assent;

as if the amendments of that Act made by this Schedule had not happened.

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).