Commonwealth Consolidated Acts

GOVERNANCE OF AUSTRALIAN GOVERNMENT SUPERANNUATION SCHEMES ACT 2011 - SECT 33

  (1)   Subject to this section:

  (a)   CSC, when performing functions, or exercising powers, in relation to a superannuation scheme and superannuation fund administered by CSC; and

  (b)   a superannuation fund administered by CSC;

are not subject to:

  (c)   taxation under a law of the Commonwealth other than:

  (i)   the A New Tax System (Goods and Services Tax) Act 1999 ; or

  (ii)   the Income Tax Assessment Act 1936 ; or

  (iii)   the Income Tax Assessment Act 1997 ; or

  (iv)   the Superannuation Contributions Tax (Assessment and Collection) Act 1997 ; or

  (d)   taxation under a law of a State or Territory, if the Commonwealth is not subject to the taxation.

  (2)   The regulations may provide that subsection   ( 1) does not apply in relation to taxation under a specified law.

  (3)   The regulations may specify different laws for different superannuation funds administered by CSC.

  (4)   In relation to the PSSAP and the PSSAP Fund :

  (a)   this section has effect subject to such modifications (if any) as are prescribed by the regulations; and

  (b)   the regulations may provide that this section ceases to have effect at a specified time.