Document ID: chunk:federal_register_of_legislation:C2004A01135:clause:1_1
Version: federal_register_of_legislation:C2004A01135
Segment Type: clause
Provision Reference: sch 1 cl 1
Character Range: 1158–1754

1  After subsection 6(1)
Insert:

 (1A) If the Minister makes more than one determination in a financial year under Part 23 of the Superannuation Industry (Supervision) Act 1993 to grant financial assistance, the regulations may impose a levy on each fund that is not a fund in respect of which a determination was made in the same financial year.

 (1B) Regulations made for the purposes of subsection (1A) imposing a levy in respect of more than one determination must specify all the funds in respect of which determinations are made and the proportion of the levy that each fund represents.