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Superannuation (Productivity Benefit) Penalty Interest Determination (Amendment)

Authoritative Version
  • - F2006B01407
  • No longer in force
SR 1996 No. 119 Determinations/Superannuation as made
This Determination specifies the formula used to calculate penalty interest during the 1996-97 financial year.
Administered by: Finance
Exempt from sunsetting by the Legislative Instruments Act 2003 s 54(2) item 42
Registered 05 Sep 2006
Gazetted 28 Jun 1996
Date of repeal 19 Mar 2014
Repealed by Finance (Spent and Redundant Instruments) Repeal Regulation 2014
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Statutory Rules 1996   No. 1191

__________________

Superannuation (Productivity Benefit) Penalty Interest Determination2 (Amendment)

I, JOHN FAHEY, Minister for Finance, make the following Determination under section 4G of the Superannuation (Productivity Benefit) Act 1988.

Dated 17 June 1996.

 

 

 

 

JOHN FAHEY

Minister for Finance

____________

1.   Amendment

1.1   The Superannuation (Productivity Benefit) Penalty Interest Determination is amended as set out in this Determination.

[NOTE: This Determination commences on gazettal: see Acts Interpretation Act 1901, ss. 46A and 48.]

2.   Schedule (Annual interest Rates)

2.1   Add at the end:

 

“1996-97

10.70%”.

 

_________________________________________________________________

NOTES

1.   Notified in the Commonwealth of Australia Gazette on 28 June 1996.

2.   Statutory Rules 1993 No. 186 as amended by 1994 No. 211; 1995 No. 177.