Senate

Explanatory Memorandum

(Circulated by authority of the Minister for Revenue and Assistant Treasurer, Senator the Hon Helen Coonan)

Regulation Impact Statement

Problem Identification

2.1 The amendments in Schedule 1 are consequential to the proposed amendments contained in the Superannuation (Financial Assistance Funding) Levy Amendment Bill 2002, which amends the Superannuation (Financial Assistance Funding) Levy Act 1993 . The impact of these proposed amendments are assessed in the regulation impact statement contained in the Explanatory Memorandum attached to that Bill.