SUPERANNUATION (DEPARTING AUSTRALIA SUPERANNUATION PAYMENTS TAX) ACT 2007

SECTION 6   TEMPORARY BUDGET REPAIR LEVY  

6(1)    
This section applies to departing Australia superannuation payments received in a temporary budget repair levy year.

6(2)    
Increase:

(a) the percentage mentioned in paragraph 5(1)(b) by 3 percentage points; and

(b) the percentage mentioned in paragraph 5(1)(c) by 2 percentage points; and

(c) the percentage mentioned in paragraph 5(2)(a) by 2 percentage points.

6(3)    
In this section:

temporary budget repair levy year
has the same meaning as in section 4-11 of the Income Tax (Transitional Provisions) Act 1997 .