Superannuation (Government Co-Contribution for Low Income Earners) Act 2003

Pt 6 heading substituted by No 2 of 2015, s 3 and Sch 2 item 57, effective 1 July 2015. Pt 6 heading formerly read:

PART 6 - INFORMATION GATHERING

Div 1 heading substituted by No 2 of 2015, s 3 and Sch 2 item 58, effective 1 July 2015. Div 1 heading formerly read:

Division 1 - General

S 30 repealed by No 2 of 2015, s 3 and Sch 2 item 59, effective 1 July 2015. S 30 formerly read:

SECTION 30 COMMISSIONER MAY REQUIRE MEMBER OR LEGAL REPRESENTATIVE TO GIVE INFORMATION  
30(1)
The Commissioner may give a member, or the legal personal representative of a member, a written notice requiring the member or representative to give the Commissioner a statement setting out:

(a) information to enable the Commissioner to determine:

(i) whether a Government co-contribution is payable in respect of the member; or

(ii) the amount of any Government co-contribution payable in respect of the member; or

(b) information to enable the Commissioner to determine the superannuation provider to which the Commissioner should pay a Government co-contribution, or an underpaid amount, payable in respect of the member; or

(c) information to enable the Commissioner to determine:

(i) whether an amount is recoverable under section 24 (which deals with overpayments) in relation to a Government co-contribution paid in respect of the member; or

(ii) the amount overpaid in relation to a Government co-contribution paid in respect of the member; or

(d) any other matters specified in the regulations.

The notice must specify the period within which the statement must be given to the Commissioner. The period specified must end not less than 21 days after the day the notice is given.

30(2)
The member or representative commits an offence if:

(a) the notice requires the member or representative to give the Commissioner a statement setting out information to enable the Commissioner to determine:

(i) whether an amount is recoverable under section 24 (which deals with overpayments) in relation to a Government co-contribution paid in respect of the member; or

(ii) the amount overpaid in relation to a Government co-contribution paid in respect of the member; and

(b) the member or representative fails to comply with the notice.

Penalty: 60 penalty units.

30(3)
The Commissioner may give a notice under subsection (1) at any time and from time to time.