Superannuation (Self Managed Superannuation Funds) Supervisory Levy Imposition Amendment Regulation 2012 (No. 1) (Cth)

Superannuation (Self Managed Superannuation Funds) Supervisory Levy Imposition Amendment Regulation 2012 (No. 1)¹

Select Legislative Instrument 2012 No. 132

I, QUENTIN BRYCE, Governor-General of the Commonwealth of Australia, acting with the advice of the Federal Executive Council, make the following regulation under the Superannuation (Self Managed Superannuation Funds) Supervisory Levy Imposition Act 1991.

Dated 28 June 2012

QUENTIN BRYCE

Governor-General

By Her Excellency’s Command

BILL SHORTEN

Minister for Financial Services and Superannuation

1. Name of regulation

This regulation is the Superannuation (Self Managed Superannuation Funds) Supervisory Levy Imposition Amendment Regulation 2012 (No. 1).

1. Commencement

This regulation commences on the day after it is registered.

1. Amendment of Superannuation (Self Managed Superannuation Funds) Supervisory Levy Imposition Regulations 1991

Schedule 1 amends the Superannuation (Self Managed Superannuation Funds) Supervisory Levy Imposition Regulations 1991.

Schedule 1          Amendment

(section 3)

[1]          Regulation 4

substitute

1. Superannuation supervisory levy

(1)This regulation is made for section 6 of the Act.

(2)The amount of the levy payable on the lodgment of a return is:

(a)for the year of income that ends on 30 June 2012—$200; and

(b)for a year of income after that—$191.

Note

1. All legislative instruments and compilations are registered on the Federal Register of Legislative Instruments kept under the Legislative Instruments Act 2003. See