Source: https://www.global-regulation.com/law/australia/227768/superannuation-legislation-amendment-%25282013-measures-no.-2%2529-regulation-2013.html
Timestamp: 2019-03-23 12:59:41
Document Index: 548766483

Matched Legal Cases: ['art 4', 'art 1', 'art 1', 'art 1', 'art 2', 'art 14', 'art 3', 'art 3', 'art 3', 'art 3', 'art 3', 'art 3', 'art 3', 'art 3', 'art 3', 'art 1', 'art 2']

Superannuation Legislation Amendment (2013 Measures No. 2) Regulation 2013 (Australia)
Superannuation Legislation Amendment (2013 Measures No. 2) Regulation 2013
Link to law: https://www.comlaw.gov.au/Details/F2013L02118
Select Legislative Instrument No. 278, 2013
Superannuation Contributions Tax (Assessment and Collection) Regulations 1997 4
This regulation is the Superannuation Legislation Amendment (2013 Measures No. 2) Regulation 2013.
(b) the Superannuation Contributions Tax (Assessment and Collection) Act 1997;
1 After sub‑subparagraph 1.07(3A)(e)(vii)(B)
or (C) sections 96‑20 and 96‑25 in Schedule 1 to the Taxation Administration Act 1953; or
(D) section 135‑75 in Schedule 1 to the Taxation Administration Act 1953;
2 After subparagraph 1.08(2)(d)(ii)
or (iii) sections 96‑20 and 96‑25 in Schedule 1 to the Taxation Administration Act 1953; or
(iv) section 135‑75 in Schedule 1 to the Taxation Administration Act 1953;
3 Subregulation 4.01(2) (definition of non‑commutable allocated pension)
non‑commutable allocated pension has the meaning given by regulation 4.01AA.
4 After regulation 4.01
4.01AA Meaning of non‑commutable allocated pension
(1) In this Part and Schedule 2, non‑commutable allocated pension means a pension provided under the terms and conditions of an RSA that:
(a) meet the standards of subregulation 1.07(2); and
(ii) before commutation, the pensioner has satisfied a condition of release in respect of which the cashing restriction for preserved benefits and restricted non‑preserved benefits is “Nil”; or
(iii) the purpose of the commutation is to satisfy an obligation to pay an amount to the Commissioner of Taxation under subsection 20F(1) of the Superannuation (Unclaimed Money and Lost Members) Act 1999.
(2) For subparagraph (1)(b)(i), the purpose is any of the following:
(a) to cash an unrestricted non‑preserved benefit;
(c) to give effect to an entitlement of a non‑member spouse under a payment split;
(i) section 292‑415 of the 1997 Tax Act;
(ii) section 292‑80C of the Income Tax (Transitional Provisions) Act 1997;
(iii) sections 96‑20 and 96‑25 in Schedule 1 to the Taxation Administration Act 1953;
(iv) section 135‑75 in Schedule 1 to the Taxation Administration Act 1953.
5 Paragraph 4.26(4)(a)
(a) the RSA provider has received a release authority in respect of the RSA holder under:
(i) section 292‑410 or 292‑420 of the 1997 Tax Act; or
(ii) section 96‑10, 135‑40 or 135‑45 in Schedule 1 to the Taxation Administration Act 1953; and
6 Schedule 2 (after table item 111)
The Commissioner of Taxation gives a superannuation provider a release authority under subsection 96‑10(1) in Schedule 1 to the Taxation Administration Act 1953
The restrictions contained in sections 96‑20 and 96‑25 in Schedule 1 to the Taxation Administration Act 1953
The restrictions contained in sections 135‑75 and 135‑85 in Schedule 1 to the Taxation Administration Act 1953
The Commissioner of Taxation gives a superannuation provider a release authority under subsection 96‑10(1) or section 135‑45 in Schedule 1 to the Taxation Administration Act 1953
7 Paragraph 2A(a)
After “Act”, insert “or Regulations”.
8 After Part 4
25 Transitional arrangements arising out of the Superannuation Legislation Amendment (2013 Measures No. 2) Regulation 2013
(1) The amendment of these Regulations made by item 11 of Schedule 1 to the Superannuation Legislation Amendment (2013 Measures No. 2) Regulation 2013 applies on and after 17 February 2001.
(2) The amendment of these Regulations made by item 13 of Schedule 1 to the Superannuation Legislation Amendment (2013 Measures No. 2) Regulation 2013 applies on and after 1 August 2009.
(3) The amendment of these Regulations made by item 15 of Schedule 1 to the Superannuation Legislation Amendment (2013 Measures No. 2) Regulation 2013 applies on and after 25 December 2012.
Part 1—Commonwealth, State or Territory Acts and Regulations
10 Schedule 1 (table items 153, 161 and 164)
11 Part 1 of Schedule 1 (at the end of the table items dealing with Western Australia)
12 Schedule 1 (table item 171)
13 Schedule 1 (table item 175)
14 Schedule 1 (table items 181, 183, 184 and 186)
15 Part 1 of Schedule 1 (at the end of the table items dealing with Tasmania)
16 Part 2 of Schedule 1 (subheading dealing with South Australia)
17 Schedule 1 (table item 221)
18 After sub‑subparagraph 1.05(2)(f)(vi)(B)
19 After sub‑subparagraph 1.05(9)(h)(viii)(B)
20 After sub‑subparagraph 1.05(10)(d)(vii)(B)
21 After sub‑subparagraph 1.06(2)(e)(vi)(B)
22 After sub‑subparagraph 1.06(7)(g)(viii)(B)
23 After sub‑subparagraph 1.06(8)(d)(vii)(B)
24 Subregulation 6.01(2) (definition of non‑commutable allocated annuity)
non‑commutable allocated annuity has the meaning given by regulation 6.01AA.
25 Subregulation 6.01(2) (definition of non‑commutable allocated pension)
non‑commutable allocated pension has the meaning given by regulation 6.01AB.
26 After regulation 6.01
6.01AA Meaning of non‑commutable allocated annuity
(1) In this Part and Schedule 2, non‑commutable allocated annuity means an annuity provided under a contract that:
(a) meets the standards of subregulation 1.05(4); and
(b) ensures that payments of benefits are made only in accordance with the rules set out in regulations 6.16, 6.18, 6.19 and 6.22A, as if:
(ii) before commutation, the annuitant has satisfied a condition of release in respect of which the cashing restriction for preserved benefits and restricted non‑preserved benefits is “Nil”; or
(2) For subparagraph (1)(c)(i), the purpose is any of the following:
6.01AB Meaning of non‑commutable allocated pension
(1) In this Part and Schedule 2, non‑commutable allocated pension means a pension provided under rules of a superannuation fund that:
(a) meet the standards of subregulation 1.06(4); and
(iii) the purpose of the commutation is to satisfy an obligation to pay an amount to the Commissioner
of Taxation under subsection 20F(1) of the Superannuation (Unclaimed Money and Lost Members) Act 1999.
27 Paragraph 6.01B(3)(b)
Omit “202, 202A, 203, 204, 204A, 209 and 209A”, substitute “113A, 202, 202A, 203, 204, 204A, 209, 209A and 212”.
28 Paragraph 6.22(4)(a)
29 Paragraph 6.26(2)(a)
30 After subparagraph 6.27(b)(ii)
31 At the end of Part 14
Division 14.3—Transitional arrangements arising out of the Superannuation Legislation Amendment (2013 Measures No. 2) Regulation 2013
14.04 Arrangements
(1) The amendment of these Regulations made by item 32 of Schedule 1 to the Superannuation Legislation Amendment (2013 Measures No. 2) Regulation 2013 applies on and after 1 July 1997.
(2) The amendment of these Regulations made by item 33 of Schedule 1 to the Superannuation Legislation Amendment (2013 Measures No. 2) Regulation 2013 applies on and after 1 January 2013.
(3) The amendment of these Regulations made by item 38 of Schedule 1 to the Superannuation Legislation Amendment (2013 Measures No. 2) Regulation 2013 applies on and after 15 May 1999.
(4) The amendment of these Regulations made by item 39 of Schedule 1 to the Superannuation Legislation Amendment (2013 Measures No. 2) Regulation 2013 applies on and after 25 December 2012.
32 Part 3 of Schedule 1AA (items dealing with Victoria)
33 Part 3 of Schedule 1AA (at the end of the items dealing with South Australia)
34 Part 3 of Schedule 1AA (items dealing with Western Australia)
Omit “Superannuation and Family Benefits Act 1938”.
35 Part 3 of Schedule 1AA (items dealing with Tasmania)
Omit “Governor of Tasmania Act 1982”.
36 Part 3 of Schedule 1AA (items dealing with Tasmania)
Omit “Parliamentary Retiring Benefits Act 1985”.
37 Part 3 of Schedule 1AA (items dealing with Tasmania)
Omit “Parliamentary Superannuation Act 1973”.
38 Part 3 of Schedule 1AA (items dealing with Tasmania)
39 Part 3 of Schedule 1AA (items dealing with Tasmania)
40 Part 3 of Schedule 1AA (items dealing with Tasmania)
Omit “Solicitor‑General Act 1983”.
41 Part 1 of Schedule 1 (after table item 111)
42 Part 2 of Schedule 1 (after table item 208)