Document ID: chunk:federal_register_of_legislation:F2024L00813:reg:1
Version: federal_register_of_legislation:F2024L00813
Segment Type: reg
Provision Reference: reg 1
Character Range: 28078–30797

1               RSA provider  Nil                                 Nil                                 Nil                         Nil

8‑3  RSA provider's levy base
 (1) For the purposes of paragraph 7(3)(d) of the Act, the RSA provider's levy base is to be worked out by adding together each amount held in an RSA by the RSA provider.
 (2) For the purposes of subsection (1), the day as at which the RSA provider's levy base for the current financial year is to be worked out for an RSA provider mentioned in paragraph 7(5)(a) of the Act is 31 March of the previous financial year.
 (3) For the purposes of subsection (1), the day as at which the RSA provider's levy base for the current financial year is to be worked out for an RSA provider mentioned in paragraph 7(5)(b) of the Act is the day, after 17 March of the previous financial year, on which the RSA provider became an RSA provider.

Part 9—Superannuation supervisory levy

9‑1  Definitions
  In this Part:
AASB 1056 Superannuation Entities means the accounting standard of that name made by the Australian Accounting Standards Board under section 334 of the Corporations Act 2001.
employer‑sponsored receivables has the same meaning as in AASB 1056 Superannuation Entities.
pooled superannuation trust has the meaning given by section 10 of the Superannuation Industry (Supervision) Act 1993.
SAF (short for small APRA fund) means a superannuation entity that:
 (a) is a regulated superannuation fund within the meaning of the Superannuation Industry (Supervision) Act 1993; and
 (b) has fewer than 5 members.
SMADF (short for single member approved deposit fund) means a superannuation entity that:
 (a) is an approved deposit fund within the meaning of the Superannuation Industry (Supervision) Act 1993; and
 (b) has only one member.
the Act means the Superannuation Supervisory Levy Imposition Act 1998.
Note: Expressions used in this Part have the same meaning as in the Act—see subsection 1‑5(1) of this instrument.
valuation day, in relation to an entity, means:
 (a) for an entity that is a superannuation entity on 30 June of the previous financial year—that day; or
 (b) for an entity that becomes a superannuation entity during the current financial year—the day on which the superannuation entity became a superannuation entity.

9‑2  Amount of levy
  For the purposes of paragraphs 7(3)(a), (b), (c) and (ca) of the Act, the following table sets out matters for the current financial year:

Amount of levy
                Entity                                                                                  Maximum restricted levy amount ($)  Minimum restricted levy amount ($)  Restricted levy percentage  Unrestricted levy percentage