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

PART 8 - MISCELLANEOUS

SECTION 55

55 REGULATIONS
The Governor-General may make regulations prescribing matters:

(a) required or permitted by this Act to be prescribed; or

(b) necessary or convenient to be prescribed for carrying out or giving effect to this Act;

and, in particular, prescribing penalties, not exceeding a fine of 5 penalty units, for offences against the regulations.

The regulations may relate to the Government co-contribution and the low income superannuation tax offset (see section 12B ).