Superannuation (Self Managed Superannuation Funds) Taxation Act 1987

Pt IIIAA heading amended by No 55 of 2013, s 3 and Sch 1 item 4, by substituting " superannuation (self managed superannuation funds) supervisory levy " for " superannuation (self managed funds) levy " , applicable in relation to the 2013-14 year of income and later years of income.

Pt IIIAA heading substituted by No 121 of 1999 and No 54 of 1998 and inserted by No 55 of 1991.

S 15DA substituted by No 55 of 2013, s 3 and Sch 1 item 6, applicable in relation to the 2013-14 year of income and later years of income. No 55 of 2013, s 3 and Sch 1 item 10 contains the following transitional provision:

10 Transitional provision - 2013-14 year of income  
(1)
Regulations made for the purposes of subsection 15DB(1) of the Superannuation (Self Managed Superannuation Funds) Taxation Act 1987 , as amended by this Schedule, may provide that an amount of the levy for the 2013-14 year of income in respect of a superannuation entity is due and payable on a different specified day to the rest of the levy for the year in respect of the entity.

(2)
If the regulations do so, section 15DA of that Act (Who is liable to pay levy) applies separately in relation to each amount of the levy.

S 15DA formerly read:

SECTION 15DA LIABILITY TO LEVY  
15DA
A trustee of a self managed superannuation fund who lodges a return under section 35D of the Superannuation Industry (Supervision) Act 1993 is liable to pay a levy on that lodgment.

S 15DA amended by No 154 of 2007, s 3 and Sch 3 item 13, by substituting " 35D " for " 36A " , effective 24 September 2007.

S 15DA amended by No 121 of 1999, No 54 of 1998, No 84 of 1993 and inserted by No 55 of 1991.