Document ID: chunk:federal_register_of_legislation:F2023C00381:reg:24
Version: federal_register_of_legislation:F2023C00381
Segment Type: reg
Provision Reference: reg 24
Character Range: 17781–18900

24                    Interpretation 1019 The Superannuation Contributions Surcharge applies to:
(a)                   each not-for-profit superannuation plan that is required to prepare financial reports in accordance with Part 2M.3 of the Corporations Act and that is a reporting entity;
(b)                   general purpose financial statements of each other not-for-profit superannuation plan that is a reporting entity;
(c)                    each superannuation plan that elects to prepare financial statements of a superannuation plan that are, or are held out to be, general purpose financial statements;
(d)                   for-profit superannuation plans that are required by legislation to prepare financial statements that comply with either Australian Accounting Standards or accounting standards; and
(e)                    other for-profit superannuation plans that are required only by their constituting document or another document to prepare financial statements that comply with Australian Accounting Standards, provided that the relevant document was created or amended on or after 1 July 2021.