House of Representatives
Tax and Superannuation Laws Amendment (Increased Concessional Contributions Cap and Other Measures) Bill 2013
Superannuation (Sustaining the Superannuation Contribution Concession) Imposition Bill 2013
Explanatory Memorandum
(Circulated by the authority of the Minister for Employment and Workplace Relations and Minister for Financial Services and Superannuation, the Hon Bill Shorten MP)Glossary
following abbreviations and acronyms are used throughout this explanatory memorandum.
| Abbreviation | Definition |
| ATI | adjusted taxable income |
| ATO | Australian Taxation Office |
| AWOTE | average weekly ordinary time earnings |
| cap | concessional contributions cap |
| Co-contribution Act | Superannuation ( Government Co-contribution for Low Income Earners ) Act 2003 |
| Commissioner | Commissioner of Taxation |
| IT(TP) 1997 | Income Tax (Transitional Provisions) Act 1997 |
| ITAA 1997 | Income Tax Assessment Act 1997 |
| LISC | low income superannuation contribution |