Senate
Superannuation Industry (Supervision) Amendment Bill 2003
Explanatory Memorandum
(Circulated by authority of the Minister for Revenue and Assistant Treasurer, Senator the Hon Helen Coonan)Outline and financial impact statement
1. This Bill makes minor amendments to section 237 of the Superannuation Industry (Supervision) Act 1993 'the SIS Act'.
2. These amendments are consequential to the amendments being made to the Superannuation (Financial Assistance Funding) Levy Act 1993 in the Superannuation (Financial Assistance Funding) Levy Amendment Bill 2002. The amendments contain no new policy.
Financial Impact Statement
3. The proposed amendments have no financial impact.