Treasury Laws Amendment (Protecting Your Superannuation Package) Act 2019 (16 of 2019)
Schedule 3 Inactive low-balance accounts and consolidation into active accounts
Part 1 Amendments
Taxation Administration Act 1953
36 Subsection 250-10(2) in Schedule 1 (after table item 69)
Insert:
69AA |
payment of value of inactive low-balance accounts to the Commissioner |
20QD |
Superannuation (Unclaimed Money and Lost Members) Act 1999 |
69AB |
payment from Commissioner that cannot be credited |
20QL |
Superannuation (Unclaimed Money and Lost Members) Act 1999 |