Document ID: chunk:federal_register_of_legislation:C2022C00264:clause:11_110sd
Version: federal_register_of_legislation:C2022C00264
Segment Type: clause
Provision Reference: sch 11 cl 110SD
Character Range: 420018–420580

110SD  CSC may determine rate of fund contribution tax
 (1) CSC may vary the percentage mentioned in the definition of rate of fund contribution tax in subsection 62A(1) or 110SB(1) by determination.
 (2) The determination:
 (a) takes effect from such date as is specified in the determination; and
 (b) may provide for a percentage of nil.
 (3) In making the determination, CSC is to have regard to the rate of tax payable on employer contributions paid to a superannuation fund.
 (4) CSC must cause a copy of the determination to be published in the Gazette.