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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 rule—Government 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  


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