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
Introduced and read a first time 13 Feb 2013
Second reading moved 13 Feb 2013
Referred to Federation Chamber 20 Mar 2013
Second reading debate 21 Mar 2013
Second reading agreed to 21 Mar 2013
Reported from Federation Chamber 21 Mar 2013
Third reading agreed to 21 Mar 2013
Senate
Introduced and read a first time 14 May 2013
Second reading moved 14 May 2013
Second reading debate 16 May 2013
Second reading agreed to 16 May 2013
Third reading agreed to 16 May 2013
Text of bill as passed both Houses 16 May 2013
Assent
  • Act no.: 55
  • Year: 2013
28 May 2013

Documents and transcripts

Text of bill

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Word Format PDF Format HTML Format

Explanatory memoranda

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Word Format PDF Format HTML Format

Proposed amendments

No proposed amendments have been circulated.

Schedules of amendments

No documents at present

Bills digest

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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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