Superannuation (Financial Assistance Funding) Levy Amendment Act 2003 (51 of 2003)
Schedule 1 Amendment of the Superannuation (Financial Assistance Funding) Levy Act 1993
4 After subsection 8(1)
Insert:
(1A) However:
(a) if there is a maximum amount of levy that is payable and the amount worked out under subsection (1) is more than that maximum amount - the amount of levy imposed on the fund is the maximum amount; or
(b) if there is a minimum amount of levy that is payable and the amount worked out under subsection (1) is less than that minimum amount - the amount of levy imposed on the fund is the minimum amount.
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