Commonwealth Consolidated Acts Commonwealth Consolidated ActsNo. 81, 2016
Compilation No. 1
Compilation date: 1 January 2017
Includes amendments up to: Act No. 55, 2017
Registered: 29 June 2017
About this compilation
This compilation
This is a compilation of the Treasury Laws Amendment (Fair and Sustainable Superannuation) Act 2016 that shows the text of the law as amended and in force on 1 January 2017 (the compilation date).
The notes at the end of this compilation (the endnotes) include information about amending laws and the amendment history of provisions of the compiled law.
Uncommenced amendments
The effect of uncommenced amendments is not shown in the text of the compiled law. Any uncommenced amendments affecting the law are accessible on the Legislation Register (www.legislation.gov.au). The details of amendments made up to, but not commenced at, the compilation date are underlined in the endnotes. For more information on any uncommenced amendments, see the series page on the Legislation Register for the compiled law.
Application, saving and transitional provisions for provisions and amendments
If the operation of a provision or amendment of the compiled law is affected by an application, saving or transitional provision that is not included in this compilation, details are included in the endnotes.
Editorial changes
For more information about any editorial changes made in this compilation, see the endnotes.
Modifications
If the compiled law is modified by another law, the compiled law operates as modified but the modification does not amend the text of the law. Accordingly, this compilation does not show the text of the compiled law as modified. For more information on any modifications, see the series page on the Legislation Register for the compiled law.
Self-repealing provisions
If a provision of the compiled law has been repealed in accordance with a provision of the law, details are included in the endnotes.
Contents
2 Commencement
3 Schedules
Schedule 1--Transfer balance cap
Part 1--Transfer balance cap
Administrative Decisions (Judicial Review) Act 1977
Income Tax Assessment Act 1997
Superannuation Industry (Supervision) Act 1993
Superannuation (Resolution of Complaints) Act 1993
Taxation Administration Act 1953
Part 2--Defined benefit income
Income Tax Assessment Act 1997
Taxation Administration Act 1953
Part 3--Application and transitional provisions
Income Tax (Transitional Provisions) Act 1997
Schedule 2--Concessional superannuation contributions
Part 1--Excess concessional contributions
Income Tax Assessment Act 1997
Income Tax (Transitional Provisions) Act 1997
Part 2--Division 293 tax
Income Tax Assessment Act 1997
Taxation Administration Act 1953
Part 3--Superannuation guarantee charge
Superannuation Guarantee (Administration) Act 1992
Schedule 3--Non-concessional contributions
Income Tax Assessment Act 1997
Income Tax (Transitional Provisions) Act 1997
Superannuation (Government Co-contribution for Low Income Earners) Act 2003
Schedule 4--Low income superannuation tax offset
Part 1--Low income superannuation tax offset
Superannuation (Government Co-contribution for Low Income Earners) Act 2003
Part 2--Other amendments
Minerals Resource Rent Tax Repeal and Other Measures Act 2014
Schedule 5--Deducting personal contributions
Income Tax Assessment Act 1997
Schedule 6--Unused concessional cap carry forward
Income Tax Assessment Act 1997
Schedule 7--Tax offsets for spouse contributions
Income Tax Assessment Act 1997
Schedule 8--Innovative income streams and integrity
Part 1--Amendments
Income Tax Assessment Act 1997
Part 2--Application
Schedule 9--Anti-detriment provisions
Part 1--Amendments
Income Tax Assessment Act 1997
Income Tax (Transitional Provisions) Act 1997
Part 2--Application
Schedule 10--Administrative streamlining
Part 1--Release authority harmonisation
Division 1--Main amendments
Taxation Administration Act 1953
Division 2--Other amendments
Income Tax Assessment Act 1997
Income Tax (Transitional Provisions) Act 1997
Taxation Administration Act 1953
Taxation (Interest on Overpayments and Early Payments) Act 1983
Division 3--Application of amendments
Part 2--End benefit caps
Taxation Administration Act 1953
Part 3--Combining notices
Division 1--Main amendments
Taxation Administration Act 1953
Division 2--Other amendments
Income Tax Assessment Act 1936
Income Tax Assessment Act 1997
Income Tax (Transitional Provisions) Act 1997
Petroleum Resource Rent Tax Assessment Act 1987
Superannuation Guarantee (Administration) Act 1992
Taxation Administration Act 1953
Division 3--Application of amendments
Part 4--Early release of benefits
Part 5--Objective of the superannuation system
Schedule 11--Dictionary
Income Tax Assessment Act 1997
Endnotes
Endnote 1--About the endnotes
Endnote 2--Abbreviation key
Endnote 3--Legislation history
Endnote 4--Amendment history
The endnotes provide information about this compilation and the compiled law.
The following endnotes are included in every compilation:
Endnote 1--About the endnotes
Endnote 2--Abbreviation key
Endnote 3--Legislation history
Endnote 4--Amendment history
Abbreviation key--Endnote 2
The abbreviation key sets out abbreviations that may be used in the endnotes.
Legislation history and amendment history--Endnotes 3 and 4
Amending laws are annotated in the legislation history and amendment history.
The legislation history in endnote 3 provides information about each law that has amended (or will amend) the compiled law. The information includes commencement details for amending laws and details of any application, saving or transitional provisions that are not included in this compilation.
The amendment history in endnote 4 provides information about amendments at the provision (generally section or equivalent) level. It also includes information about any provision of the compiled law that has been repealed in accordance with a provision of the law.
Editorial changes
The Legislation Act 2003 authorises First Parliamentary Counsel to make editorial and presentational changes to a compiled law in preparing a compilation of the law for registration. The changes must not change the effect of the law. Editorial changes take effect from the compilation registration date.
If the compilation includes editorial changes, the endnotes include a brief outline of the changes in general terms. Full details of any changes can be obtained from the Office of Parliamentary Counsel.
Misdescribed amendments
A misdescribed amendment is an amendment that does not accurately describe the amendment to be made. If, despite the misdescription, the amendment can be given effect as intended, the amendment is incorporated into the compiled law and the abbreviation "(md)" added to the details of the amendment included in the amendment history.
If a misdescribed amendment cannot be given effect as intended, the abbreviation "(md not incorp)" is added to the details of the amendment included in the amendment history.
ad = added or inserted | o = order(s) |
am = amended | Ord = Ordinance |
amdt = amendment | orig = original |
c = clause(s) | par = paragraph(s)/subparagraph(s) |
C[x] = Compilation No. x | /sub-subparagraph(s) |
Ch = Chapter(s) | pres = present |
def = definition(s) | prev = previous |
Dict = Dictionary | (prev ... ) = previously |
disallowed = disallowed by Parliament | Pt = Part(s) |
Div = Division(s) | r = regulation(s)/rule(s) |
ed = editorial change | reloc = relocated |
exp = expires/expired or ceases/ceased to have | renum = renumbered |
effect | rep = repealed |
F = Federal Register of Legislation | rs = repealed and substituted |
gaz = gazette | s = section(s)/subsection(s) |
LA = Legislation Act 2003 | Sch = Schedule(s) |
Sdiv = Subdivision(s) | |
(md) = misdescribed amendment can be given | SLI = Select Legislative Instrument |
effect | SR = Statutory Rules |
(md not incorp) = misdescribed amendment | Sub-Ch = Sub-Chapter(s) |
cannot be given effect | SubPt = Subpart(s) |
mod = modified/modification | underlining = whole or part not |
No. = Number(s) | commenced or to be commenced |
Endnote 3--Legislation history
Act | Number and year | Assent | Commencement | Application, saving and transitional provisions |
Treasury Laws Amendment (Fair and Sustainable Superannuation) Act 2016 | 81, 2016 | 29 Nov 2016 | Sch 1-3, 5-9, Sch 10 (items 55-93, 112) and Sch 11: 1 Jan 2017 (s 2(1) items 2, 4, 6, 8, 9) |
|
Treasury Laws Amendment (2017 Measures No. 2) Act 2017 | 55, 2017 | 22 June 2017 | Sch 1 (items 25-28): 1 Jan 2017 (s 2(1) item 6) | Sch 1 (item 28) |
Provision affected | How affected |
Schedule 3 |
|
item 9................... | am No 55, 2017 |
Schedule 8 |
|
item 28.................. | rs No 55, 2017 |