Summary
Amends the:
Superannuation (Unclaimed Money and Lost Members) Act 1999
and
Income Tax Assessment Act 1997
in relation to the transfer of unclaimed superannuation monies from states and territories to the Commissioner of Taxation;
Income Tax Assessment Act 1997
and
Income Tax (Transitional Provisions) Act 1997
to provide transitional relief from income tax deductibility of total and permanent disability insurance premiums paid by superannuation funds;
Superannuation Industry (Supervision) Act 1993
in relation to superannuation and relationship breakdowns;
Income Tax Assessment Act 1997
and
Tax Laws Amendment (2009 Measures No. 6) Act 2010
in relation to deduction notices for successor funds;
Income Tax Assessment Act 1997
in relation to: deductible employer contributions for former employees; excess contributions tax assessments; and treatment of untaxed elements of public sector defined benefit schemes;
Taxation Administration Act 1953
to clarify the due date of the shortfall interest charge for excess contributions tax; and
Superannuation (Unclaimed Money and Lost Members) Act 1999
to change references to the Immigration Secretary and Immigration Department. Also makes consequential amendments.