Commonwealth Consolidated Acts

SUPERANNUATION CONTRIBUTIONS TAX (ASSESSMENT AND COLLECTION) ACT 1997

TABLE OF PROVISIONS

           Long Title

   PART 1--PRELIMINARY

   1.      Short title  
   2.      Commencement  
   3.      Act to bind Crown  
   4.      Extension to Territories  
   5.      Object of Act  
   6.      Simplified outline of Act  

   PART 2--LIABILITY--TO SURCHARGE AND ADVANCE INSTALMENTS

   7.      Superannuation contributions surcharge  
   7A.     Adjusted taxable income--first case  
   7B.     Adjusted taxable income--second case  
   8.      Surchargeable contributions  
   8A.     Holder of surchargeable contributions of a member  
   9.      Surcharge threshold  
   10.     Liability to pay surcharge  
   10A.    Payment splits or interest splits on marriage breakdown  
   11.     Advance instalment of superannuation contributions surcharge  
   12.     Liability to pay advance instalment  

   PART 3--ASSESSMENT--AND COLLECTION OF SURCHARGE AND ADVANCE INSTALMENTS

   13.     Superannuation providers to give statements  
   14.     Giving of information in certain form  
   14A.    Commissioner may require member to provide information as to the holder of the member's surchargeable contributions  
   15.     Assessment of liability to pay surcharge and determination of advance instalment  
   15A.    Self - assessing superannuation providers  
   15B.    Statement etc. by self - assessing superannuation provider  
   16.     Deferment of liability for surcharge payable by superannuation (unfunded defined benefits) providers  
   17.     Credit or refund of advance instalment  
   17A.    Periods within which assessments may be made  
   18.     Amendment of assessment if tax file number quoted or found out after assessment  
   19.     Amendment of assessments  
   20.     Assessment of liability to additional surcharge  
   21.     Payment of the general interest charge if liability increased by an amendment of an assessment  
   22.     Payment of general interest charge if surcharge payable under a further assessment  
   23.     Tax file numbers  
   24.     Objections against assessments  

   PART 4--RECOVERY--OF UNPAID SURCHARGE, ADVANCE INSTALMENT, GENERAL INTEREST CHARGE OR LATE PAYMENT PENALTY

   25.     Penalty for non - payment of surcharge or advance instalment  
   25A.    Additional liability to pay general interest charge  

   PART 5--ADMINISTRATION

   30.     General administration of Act  
   31.     Annual report  

   PART 6--MISCELLANEOUS

   33.     No amount payable by Commonwealth under this Act  
   34.     Act not to operate so as to contravene Constitution  
   34A.    Exclusion of certain members  
   35.     Information to be given to Commissioner by superannuation provider who pays surcharge or advance instalment  
   35B.    Prohibition of avoidance schemes  
   35A.    Contravention notices  
   40.     Records to be kept and retained by superannuation provider  
   41.     Application of the Criminal Code  
   42.     Regulations  

   PART 7--INTERPRETATION

   43.     Definitions