SUPERANNUATION (EXCESS UNTAXED ROLL-OVER AMOUNTS TAX) ACT 2007

SECTION 5   AMOUNT OF TAX  

5(1)    
The amount of the tax is the percentage mentioned in subsection (2) of the excess untaxed roll-over amount.

5(2)    
Work out the percentage in the following way:

(a) first, work out the maximum rate specified in column 3 of the table in Part I of Schedule 7 to the Income Tax Rates Act 1986 that applies for the income year;

(b) next, add 2%.