Superannuation Supervisory Levy Determination Validation Act 2000
No. 18, 2000
An Act to validate a determination made under the Superannuation Supervisory Levy Imposition Act 1998
Contents
1............ Short title............................................................................................. 1
2............ Commencement................................................................................... 2
3............ Definition............................................................................................ 2
4............ Validity of determination..................................................................... 2
Superannuation Supervisory Levy Determination Validation Act 2000
No. 18, 2000
An Act to validate a determination made under the Superannuation Supervisory Levy Imposition Act 1998
[Assented to 31 March 2000]
The Parliament of Australia enacts:
This Act may be cited as the Superannuation Supervisory Levy Determination Validation Act 2000.
This Act commences on the commencement of Part 1 of Schedule 12 to the Financial Sector Reform (Amendments and Transitional Provisions) Act (No. 1) 2000.
3 Definition
In this Act:
Imposition Act means the Superannuation Supervisory Levy Imposition Act 1998.
(1) This section applies to a determination that was purportedly made under subsection 7(3) of the Imposition Act on 11 August 1998, and was notified in the Gazette on 13 August 1998.
(2) The determination is taken, despite subsection 48(2) of the Acts Interpretation Act 1901:
(a) to have been made under subsection 7(3) of the Imposition Act; and
(b) to have been effective on and at all times after 1 July 1998.
(3) Despite paragraph (2)(b), the determination may be repealed, rescinded, revoked, amended or varied in accordance with subsection 33(3) of the Acts Interpretation Act 1901.
[Minister’s second reading speech made in—
House of Representatives on 30 June 1999
Senate on 29 September 1999]