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This is a Bill, not an Act. For current law, see the Acts databases.


SUPERANNUATION (SUSTAINING THE SUPERANNUATION CONTRIBUTION CONCESSION) IMPOSITION BILL 2013

 

 

2010-2011-2012-2013 

 

The Parliament of the 

Commonwealth of Australia 

 

HOUSE OF REPRESENTATIVES 

 

 

 

 

Presented and read a first time 

 

 

 

 

 

 

 

 

 

Superannuation (Sustaining the 

Superannuation Contribution 

Concession) Imposition Bill 2013 

 

No.      , 2013 

 

(Treasury) 

 

 

 

A Bill for an Act to impose tax on certain 

superannuation contributions, and for related 

purposes 

   

   

   

 

 

i       Superannuation (Sustaining the Superannuation Contribution Concession) Imposition Bill 

2013       No.      , 2013 

Contents 

Short title ........................................................................................... 1

 

Commencement ................................................................................. 1

 

Definitions ......................................................................................... 2

 

Imposition of tax ................................................................................ 2

 

Amount of tax .................................................................................... 2

 

Severability ........................................................................................ 2

 

 

 

 

Superannuation (Sustaining the Superannuation Contribution Concession) Imposition Bill 2013       

No.      , 2013       1 

A Bill for an Act to impose tax on certain 

superannuation contributions, and for related 

purposes 

The Parliament of Australia enacts: 

1  Short title 

 

  This Act may be cited as the Superannuation (Sustaining the 

Superannuation Contribution Concession) Imposition Act 2013

2  Commencement 

 

  This Act commences on the day this Act receives the Royal 

Assent. 

10 

   

   

   

 

Section 3 

 

2            Superannuation (Sustaining the Superannuation Contribution Concession) Imposition 

Bill 2013       No.      , 2013 

3  Definitions 

 

  In this Act: 

income year has the same meaning as in the Income Tax 

Assessment Act 1997

taxable contributions has the same meaning as in the Income Tax 

Assessment Act 1997. 

4  Imposition of tax 

 

  Tax payable under section 293-15 of the Income Tax Assessment 

Act 1997 is imposed. 

5  Amount of tax 

10 

 

  The amount of the tax is 15% of a person's taxable contributions 

11 

for an income year. 

12 

6  Severability 

13 

 

  If, apart from this section, section 4 would impose, in relation to a 

14 

person, a tax the imposition of which in relation to the person 

15 

would exceed the legislative power of the Commonwealth, 

16 

section 4 has effect as if it did not impose that tax in relation to the 

17 

person. 

18 

 


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