Superannuation (Government Co-contribution for Low Income Earners) Amendment Regulations 2004 (No. 2) (Cth)

Superannuation (Government Co‑contribution for Low Income Earners) Amendment Regulations 2004 (No. 2)1

Statutory Rules 2004 No. 2792

I, PHILIP MICHAEL JEFFERY, Governor-General of the Commonwealth of Australia, acting with the advice of the Federal Executive Council, make the following Regulations under the Superannuation (Government Co-contribution for Low Income Earners) Act 2003.

Dated 19 August 2004

P. M. JEFFERY

Governor-General

By His Excellency’s Command

MAL BROUGH

Minister for Revenue and Assistant Treasurer

1Name of Regulations

These Regulations are the Superannuation (Government Co‑contribution for Low Income Earners) Amendment Regulations 2004 (No. 2).

2Commencement

These Regulations commence on the date of their notification in the Gazette.

3Amendment of Superannuation (Government

Co-contribution for Low Income Earners) Regulations 2004

Schedule 1 amends the Superannuation (Government

Co-contribution for Low Income Earners) Regulations 2004.

Schedule 1Amendments

(regulation 3)

[1]Regulation 4

omit

[2]After Part 3

insert

Part 3AAdministration

21AReports to Parliament — details

1. (1)

   For subsection 54 (1) of the Act, the details are as follows:

   1. (a)

      the number of recipients of Government co-contributions during the quarter;

   2. (b)

      the total amount of Government co-contributions made during the quarter by the Commissioner;

   3. (c)

      the total amount of Government co-contributions recovered during the quarter as overpaid amounts under section 24 of the Act.

2. (2)

   For paragraph 54 (2) (b) of the Act, the details are as follows:

   1. (a)

      the number of recipients of Government co-contributions during the year;

   2. (b)

      the total amount of Government co-contributions made during the year by the Commissioner;

   3. (c)

      the total amount of Government co-contributions recovered during the year as overpaid amounts under section 24 of the Act.

3. (3)

   For paragraph 54 (2) (c) of the Act, the ranges of total income are mentioned in Part 1 of Schedule 7.

4. (4)

   For paragraph 54 (2) (d) of the Act, the ranges of taxable income are mentioned in Part 2 of Schedule 7.

[3]After Schedule 6

insert

Schedule 7Details in reports to Parliament

(subregulations 21A (3) and (4))

Part 1Ranges of total income

Item	Range of income
101	$0 to $999
102	$1 000 to $1 999
103	$2 000 to $2 999
104	$3 000 to $3 999
105	$4 000 to $4 999
106	$5 000 to $5 999
107	$6 000 to $6 999
108	$7 000 to $7 999
109	$8 000 to $8 999
110	$9 000 to $9 999
111	$10 000 to $10 999
112	$11 000 to $11 999
113	$12 000 to $12 999
114	$13 000 to $13 999
115	$14 000 to $14 999
116	$15 000 to $15 999
117	$16 000 to $16 999
118	$17 000 to $17 999
119	$18 000 to $18 999
120	$19 000 to $19 999
121	$20 000 to $20 999
122	$21 000 to $21 999
123	$22 000 to $22 999
124	$23 000 to $23 999
125	$24 000 to $24 999
126	$25 000 to $25 999
127	$26 000 to $26 999
128	$27 000 to $27 999
129	$28 000 to $28 999
130	$29 000 to $29 999
131	$30 000 to $30 999
132	$31 000 to $31 999
133	$32 000 to $32 999
134	$33 000 to $33 999
135	$34 000 to $34 999
136	$35 000 to $35 999
137	$36 000 to $36 999
138	$37 000 to $37 999
139	$38 000 to $38 999
140	$39 000 to $39 999
141	$40 000 to $40 999
142	$41 000 to $41 999
143	$42 000 to $42 999
144	$43 000 to $43 999
145	$44 000 to $44 999
146	$45 000 to $45 999
147	$46 000 to $46 999
148	$47 000 to $47 999
149	$48 000 to $48 999
150	$49 000 to $49 999
151	$50 000 to $50 999
152	$51 000 to $51 999
153	$52 000 to $52 999
154	$53 000 to $53 999
155	$54 000 to $54 999
156	$55 000 to $55 999
157	$56 000 to $56 999
158	$57 000 to $57 999

Part 2Ranges of taxable income

Item	Range of income
201	$0 to $4 999
202	$5 000 to $9 999
203	$10 000 to $14 999
204	$15 000 to $19 999
205	$20 000 to $24 999
206	$25 000 to $29 999
207	$30 000 to $34 999
208	$35 000 to $39 999
209	$40 000 to $44 999
210	$45 000 to $49 999
211	$50 000 to $54 999
212	$55 000 to $59 999
213	$60 000 to $64 999
214	$65 000 to $69 999
215	$70 000 to $74 999
216	$75 000 to $79 999
217	$80 000 to $84 999
218	$85 000 to $89 999
219	$90 000 to $94 999
220	$95 000 to $99 999
221	$100 000 and above

Notes

1. These Regulations amend Statutory Rules 2004 No. 13, as amended by 2004 No. 151.

2. Notified in the Commonwealth of Australia Gazette