Commonwealth Numbered Acts
[Index]
[Table]
[Search]
[Search this Act]
[Notes]
[Noteup]
[Download]
[Help]
SUPERANNUATION (GOVERNMENT CO-CONTRIBUTION FOR LOW INCOME EARNERS) ACT
2003 NO. 110, 2003
TABLE OF PROVISIONS
Long Title
PART 1--PRELIMINARY
1. Short title
2. Commencement
3. Act binds Crown
4. Geographical application of Act
5. Overview of the Act
PART 2--GOVERNMENT CO-CONTRIBUTION IN RESPECT OF LOW INCOME EARNERS
Division 1--Government co-contribution
6. Person in respect of whom Government co-contribution payable
7. Contributions that attract matching Government co-contributions
8. Total income for income year
Division 2--Amount of the Government co-contribution
9. Basic ruleGovernment co-contribution matches personal contributions
10. Taper based on total income for the income year
10A. Increases in lower and higher income threshold
11. Minimum Government co-contribution
12. Government co-contribution increased by interest amount if paid late in certain circumstances
PART 3--DETERMINATION THAT GOVERNMENT CO-CONTRIBUTION PAYABLE
13. Commissioner's determination
14. Matters Commissioner has regard to in making determination
PART 4--PAYMENT OF THE GOVERNMENT CO-CONTRIBUTION
15. Commissioner to determine where the Government co-contribution payment is to be directed
16. Superannuation provider to return Government co-contribution that cannot be credited to account
17. Payment of Government co-contribution
18. Commissioner to give information if co-contribution paid
PART 5--UNDERPAYMENTS AND OVERPAYMENTS
Division 1--Underpayments
19. Underpayment determinations
20. Superannuation provider to return underpaid amount that cannot be credited to account
21. Government co-contribution increased by interest amount if underpaid amount paid late in certain circumstances
22. Government co-contribution increased by interest amount if underpaid amount due to administrative error
23. Small underpayments
Division 2--Recovery of overpayments
24. Recovery of overpayment of Government co-contribution in respect of a person
25. When general interest charge payable on overpayment
PART 6--INFORMATION GATHERING
Division 1--General
26. Superannuation providers must give statements to Commissioner
27. Statements where contributed amounts transferred between superannuation providers
28. Statements from superannuation providers to members
29. Form in which information is to be given to Commissioner or superannuation provider
30. Commissioner may require member or legal representative to give information
31. Commissioner may require superannuation provider to give information
32. Records to be kept and retained by superannuation provider
Division 2--Infringement notices
33. When an infringement notice can be served
34. Matters to be included in an infringement notice
35. Withdrawal of infringement notice
36. What happens if penalty is paid
37. More than one infringement notice may not be served for the same offence
38. Infringement notice not required to be served
39. Commissioner may extend period for payment of penalty
Division 3--Access to premises
40. Appointment of authorised persons
41. Powers of authorised person in relation to premises
42. Obstruction of authorised person acting under a warrant
43. Persons to assist authorised persons acting under a warrant
44. Warrant to enter premises
45. Identity cards
PART 7--ADMINISTRATION
Division 1--General administration
46. Commissioner to have general administration of the Act
47. Decisions to be in writing
48. Commissioner may arrange for use of computer programs to make decisions
Division 2--Review of decisions
49. Review of decisions
50. Authorised review officers
51. Withdrawal of review applications
Division 3--Other administrative matters
52. Tax file numbers
53. Secrecy
54. Reports
PART 8--MISCELLANEOUS
55. Regulations
PART 9--DICTIONARY
56. Dictionary
AustLII: Copyright Policy
| Disclaimers
| Privacy Policy
| Feedback