Document ID: chunk:federal_register_of_legislation:F2018L00606:reg:6
Version: federal_register_of_legislation:F2018L00606
Segment Type: reg
Provision Reference: reg 6
Character Range: 2281–3035

6  When levy due for payment
 (1) This section is made for the purposes of subsection 15DB(1) of the Act for the levy payable for:
 (a) the 2018‑19 year of income or a later year of income; and
 (b) a superannuation entity.
 (2) The levy for the year of income is due and payable on the return lodgement day for the superannuation entity for the preceding year of income.
 (3) However, if the year of income is the one in which the election was made:
 (a) under subsection 19(4) of the Superannuation Industry (Supervision) Act 1993; and
 (b) for that Act to apply in relation to the superannuation entity (as a fund);
the levy for the year of income is due and payable on the return lodgement day for the superannuation entity for that year of income.