Document ID: chunk:federal_register_of_legislation:C2004A01341:clause:2_3
Version: federal_register_of_legislation:C2004A01341
Segment Type: clause
Provision Reference: sch 2 cl 3
Character Range: 5194–5613

3  Subsection 5(1AA) (definition of maximum surcharge percentage)
Repeal the definition, substitute:
maximum surcharge percentage means:
 (a) for the 2003‑2004 financial year—14.5%; and
 (b) for the 2004‑2005 financial year—12.5%; and
 (c) for the 2005‑2006 financial year and later financial years—10%.

Part 2—Amendments related to reduction of the surcharge cap

Defence Force Retirement and Death Benefits Act 1973