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Superannuation (Productivity Benefit) (Penalty Interest) Amendment Determination 2002 (No. 1)

Authoritative Version
  • - F2006B01425
  • No longer in force
SR 2002 No. 135 Determinations/Superannuation as made
This Determination specifies the formula used to calculate penalty interest during the 2002-2003 financial year.
Administered by: Finance
Exempt from sunsetting by the Legislative Instruments Act 2003 s 54(2) item 42
Registered 06 Sep 2006
Gazetted 27 Jun 2002
Date of repeal 19 Mar 2014
Repealed by Finance (Spent and Redundant Instruments) Repeal Regulation 2014

Superannuation (Productivity Benefit) (Penalty Interest) Amendment Determination 2002 (No. 1)1

Statutory Rules 2002 No. 1352

I, NICHOLAS HUGH MINCHIN, Minister for Finance and Administration, make the following Determination under section 4G of the Superannuation (Productivity Benefit) Act 1988.

Dated 20 June 2002

NICK MINCHIN

1              Name of Determination

                This Determination is the Superannuation (Productivity Benefit) (Penalty Interest) Amendment Determination 2002 (No. 1).

2              Commencement

                This Determination commences on gazettal.

3              Amendment of Superannuation (Productivity Benefit) (Penalty Interest) Determination 1995

                Schedule 1 amends the Superannuation (Productivity Benefit) (Penalty Interest) Determination 1995.

Schedule 1        Amendment

(section 3)

  

[1]           Schedule, after the last item

insert

2002–2003                                                             8.10%

Notes

1.       This Determination amends Statutory Rules 1995 No. 177, as amended by 1996 No. 119; 1997 No. 147; 1998 No. 201; 1999 No. 138; 2000 No. 169; 2001 No. 169.

2.       Notified in the Commonwealth of Australia Gazette on 27 June 2002.