Document ID: chunk:federal_register_of_legislation:C2014A00051:clause:1_6
Version: federal_register_of_legislation:C2014A00051
Segment Type: clause
Provision Reference: sch 1 cl 6
Character Range: 2713–3379

6  Temporary budget repair levy
 (1) This section applies to departing Australia superannuation payments received in a temporary budget repair levy year.
 (2) Increase:
 (a) the percentage mentioned in paragraph 5(1)(b) by 3 percentage points; and
 (b) the percentage mentioned in paragraph 5(1)(c) by 2 percentage points; and
 (c) the percentage mentioned in paragraph 5(2)(a) by 2 percentage points.
 (3) In this section:
temporary budget repair levy year has the same meaning as in section 4‑11 of the Income Tax (Transitional Provisions) Act 1997.
[Minister's second reading speech made in—
House of Representatives on 13 May 2014
Senate on 16 June 2014]
(97/14)