Superannuation Guarantee Charge Amendment Act 2002 (Cth)

Superannuation Guarantee Charge Amendment Act 2002

No. 52, 2002

An Act to amend the Superannuation Guarantee Charge Act 1992, and for related purposes

Contents

Superannuation Guarantee Charge Amendment Act 2002

No. 52, 2002

An Act to amend the Superannuation Guarantee Charge Act 1992, and for related purposes

[Assented to 29 June 2002]

The Parliament of Australia enacts:

1Short title

This Act may be cited as the Superannuation Guarantee Charge Amendment Act 2002.

2Commencement

1. (1)

   Each provision of this Act specified in column 1 of the table commences, or is taken to have commenced, on the day or at the time specified in column 2 of the table.

Commencement information
Column 1	Column 2	Column 3
Provision(s)	Commencement	Date/Details
1. Sections 1 to 3 and anything in this Act not elsewhere covered by this table	The day on which this Act receives the Royal Assent	29 June 2002
2. Schedule 1	The later of: (a) 1 July 2003; and (b) the day on which this Act receives the Royal Assent	1 July 2003

Note: This table relates only to the provisions of this Act as originally passed by the Parliament and assented to. It will not be expanded to deal with provisions inserted in this Act after assent.

1. (2)

   Column 3 of the table is for additional information that is not part of this Act. This information may be included in any published version of this Act.

3Schedule(s)

Each Act that is specified in a Schedule to this Act is amended or repealed as set out in the applicable items in the Schedule concerned, and any other item in a Schedule to this Act has effect according to its terms.

Schedule 1—Amendment of the Superannuation Guarantee Charge Act 1992

1

Section 5

Omit “in a year”, substitute “for a quarter”.

2

Section 6

Omit “in a year”, substitute “for a quarter”.

3

Application of amendments

The amendments made by this Schedule apply in relation to superannuation guarantee shortfalls under the Superannuation Guarantee (Administration) Act 1992 for quarters that commence on or after 1 July 2003.

[Minister’s second reading speech made in—

House of Representatives on 16 May 2002

Senate on 19 June 2002]

(110/02)