Superannuation (Self Managed Superannuation Funds) Supervisory Levy Imposition Regulations 1991

Statutory Rules 1991 No. 154 as amended

made under the

Superannuation (Self Managed Superannuation Funds) Supervisory Levy Imposition Act 1991

This compilation was prepared on 30 June 2012
taking into account amendments up to SLI 2012 No. 132

Prepared by the Office of Legislative Drafting and Publishing,
Attorney‑General’s Department, Canberra

Contents

 1 Name of Regulations [see Note 1]

 2 Commencement [see Note 1]

 3 Definition 

 4 Superannuation supervisory levy 

Notes   

1 Name of Regulations [see Note 1]

  These Regulations are the Superannuation (Self Managed Superannuation Funds) Supervisory Levy Imposition Regulations 1991.

2 Commencement [see Note 1]

  These Regulations commence on 1 July 1991.

3 Definition

  In these Regulations:

Act means the Superannuation (Self Managed Superannuation Funds) Supervisory Levy Imposition Act 1991.

4 Superannuation supervisory levy

 (1) This regulation is made for section 6 of the Act.

 (2) The amount of the levy payable on the lodgment of a return is:

 (a) for the year of income that ends on 30 June 2012—$200; and

 (b) for a year of income after that—$191.

Notes to the Superannuation (Self Managed Superannuation Funds) Supervisory Levy Imposition Regulations 1991

Note 1

The Superannuation (Self Managed Superannuation Funds) Supervisory Levy Imposition Regulations 1991 (in force under the Superannuation (Self Managed Superannuation Funds) Supervisory Levy Imposition Act 1991) as shown in this compilation comprise Statutory Rules 1991 No. 154 amended as indicated in the Tables below.

For all relevant information pertaining to application, saving or transitional provisions see Table A.

Table of Instruments

Table of Amendments

Table A Application, saving or transitional provisions

Statutory Rules 1995 No. 156

4. Application of amendments

4.1 The amendments made by these Regulations apply to returns for the 1994‑95 year of income and later years of income.

Statutory Rules 1999 No. 134

4 Transitional

Despite the substitution of regulation 4 of the Superannuation Supervisory Levy Regulations by these regulations, that regulation, as in force immediately before 1 July 1999, continues to apply in relation to a return of a superannuation fund for the 1994–95, 1995–96, 1996–97 or 1997–98 year of income.

Statutory Rules 1999 No. 240

4 Transitional

Despite the substitution of regulation 4 of the Superannuation (Excluded Funds) Supervisory Levy Imposition Regulations 1991 by these Regulations, that regulation (as in force immediately before the commencement of this regulation) continues to apply in relation to a return of a superannuation fund for the 1998–99 year of income of the fund.

Select Legislative Instrument 2007 No. 75

4 Transitional

  The amendment made by Schedule 1 applies in relation to:

 (a) the 2007–08 year of income; and

 (b) each subsequent year of income.

Select Legislative Instrument 2011 No. 68

4 Transitional

  The amendment made by Schedule 1 applies in relation to:

 (a) the 2010–11 year of income; and

 (b) each subsequent year of income.