Superannuation Legislation Amendment (Reform of Self Managed Superannuation Funds Supervisory Levy Arrangements) Bill 2013

Type
Government
Portfolio
Treasury 
Originating house
House of Representatives 
Status
Act 
Parliament no
43
Summary
Amends the:
Superannuation (Self Managed Superannuation Funds) Supervisory Levy Imposition Act 1991
  to: increase the maximum levy payable by a trustee of a self managed superannuation fund for an income year from $200 to $300, effective from the 2013-14 financial year; and make consequential amendments; and
Superannuation (Self Managed Superannuation Funds) Taxation Act 1987
  to: provide that the levy payable for a year of income is due and payable on a day specified in the regulations; and make consequential amendments. 

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Progress

House of Representatives
13 Feb 2013Introduced and read a first time
13 Feb 2013Second reading moved
20 Mar 2013Referred to Federation Chamber
21 Mar 2013Second reading debate
21 Mar 2013Second reading agreed to
21 Mar 2013Reported from Federation Chamber
21 Mar 2013Third reading agreed to
Senate
14 May 2013Introduced and read a first time
14 May 2013Second reading moved
16 May 2013Second reading debate
16 May 2013Second reading agreed to
16 May 2013Third reading agreed to


16 May 2013Text of bill as passed both Houses
28 May 2013Assent

Act no.: 55

Year: 2013

Documents and transcripts

Text of bill

Word Format PDF Format
Word Format PDF Format

Explanatory memoranda

Word Format PDF Format
Word Format PDF Format

Transcript of speeches

Proposed amendments

No documents at present

Schedules of amendments

No documents at present

Committee Information

No documents at present

Bills Digest PDF Format

Notes

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Helpful information

Text of bill

  • First reading: Text of the bill as introduced into the Parliament
  • Third reading: Prepared if the bill is amended by the house in which it was introduced. This version of the bill is then considered by the second house.
  • As passed by both houses: Final text of bill agreed to by both the House of Representatives and the Senate which is presented to the Governor-General for assent.

Explanatory memoranda

  • Explanatory memorandum: Accompanies and provides an explanation of the content of the introduced version (first reading) of the bill.
  • Supplementary explanatory memorandum: Accompanies and explains amendments proposed by the government to the bill.
  • Revised explanatory memorandum: Accompanies and explains the amended version (third reading) of the bill. It supersedes the explanatory memorandum.

Proposed amendments

Circulated by members and senators when they propose to make changed to the bill. For details about the outcome of proposed amendments please refer to either theĀ Votes and Proceedings (House of Representatives) or the Journals (Senate).

Schedules of amendments

Schedules of amendments list amendments agreed to by the second house are communicated to the first house for consideration. Subsequent action by either house may also be included in a schedule.

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