Superannuation Data and Payment Standards (Payments and Information from the Commissioner of Taxation) Amendment 2016
Reference: SPR 2016/1
Document type: Legislative Instrument
Enabling act: Superannuation Industry (Supervision) Act 1993
Date of issue: 18 October 2016
Signatory: James O'Halloran Deputy Commissioner of Taxation
Registration number: F2016L01737
Registration date: 11 November 2016


1 Name of Standard: This Standard is the Superannuation Data and Payment Standards (Payments and Information from the Commissioner of Taxation) Amendment 2016. | 2. Commencement: This Standard commences on the day after its registration on the Federal Register of Legislative Instruments. | 3. Application: This Standard applies to employers and trustees of superannuation entities that are required to comply with the Superannuation Data and Payment Standards (F2014C00783). | 4. What this Standard does: This Standard amends clause 5 of the Superannuation Data and Payment Standards 2012. | 5. Amendment: The following amendment is made to clause 5 of the Superannuation Data and Payment Standards 2012 : (a) Clause 5 Omit; substitute: 5 When the Standard applies Subject to clause 6, this Standard applies to conduct by an entity as follows: (a) a trustee of an APRA-regulated superannuation entity, in relation to rollovers and transfers as the transferring fund or receiving fund, on and after 1 July 2013; (b) a trustee of an APRA-regulated superannuation entity, in relation to receiving contributions from employers on and after 1 July 2014; (c) a trustee of an APRA-regulated superannuation entity, in relation to receiving payments from, and returning amounts required to be repaid to, the Commissioner of Taxation on and after 14 November 2016; (d) a trustee of an SMSF, in relation to receiving contributions from employers that are not related parties of the SMSF on and after 1 July 2014; (e) a medium to large employer, in relation to contributions for an employee, other than contributions to an SMSF that is a related party of the employer, on and after 1 July 2014; and (f) a small employer, in relation to contributions for an employee, other than contributions to an SMSF that is a related party of the employer, on and after 1 July 2015. (a) a trustee of an APRA-regulated superannuation entity, in relation to rollovers and transfers as the transferring fund or receiving fund, on and after 1 July 2013; (b) a trustee of an APRA-regulated superannuation entity, in relation to receiving contributions from employers on and after 1 July 2014; (c) a trustee of an APRA-regulated superannuation entity, in relation to receiving payments from, and returning amounts required to be repaid to, the Commissioner of Taxation on and after 14 November 2016; (d) a trustee of an SMSF, in relation to receiving contributions from employers that are not related parties of the SMSF on and after 1 July 2014; (e) a medium to large employer, in relation to contributions for an employee, other than contributions to an SMSF that is a related party of the employer, on and after 1 July 2014; and (f) a small employer, in relation to contributions for an employee, other than contributions to an SMSF that is a related party of the employer, on and after 1 July 2015.