Superannuation Legislation Amendment (Superannuation Drawdown) Regulations 2022

(F2022L00498)

1 April 2022

Retirement Savings Accounts Act 1997; Superannuation Industry (Supervision) Act 1993

1   Name

This instrument is theSuperannuation Legislation Amendment (Superannuation Drawdown) Regulations 2022.

2   Commencement

 

(1) Each provision of this instrument specified in column 1 of the table commences, or is taken to have commenced, in accordance with column 2 of the table. Any other statement in column 2 has effect according to its terms.

Commencement information

   

Column 1

Column 2

Column 3

1. The whole of this instrument

1 July 2022.

1 July 2022

1. The whole of this instrument

The day after this instrument is registered.

2 April 2022

Note: This table relates only to the provisions of this instrument as originally made. It will not be amended to deal with any later amendments of this instrument.

      

(2) Any information in column 3 of the table is not part of this instrument. Information may be inserted in this column, or information in it may be edited, in any published version of this instrument.

3   Authority

This instrument is made under the following:

(a) theRetirement Savings Accounts Act 1997;

(b) theSuperannuation Industry (Supervision) Act 1993.

4   Schedules

Each instrument that is specified in a Schedule to this instrument is amended or repealed as set out in the applicable items in the Schedule concerned, and any other item in a Schedule to this instrument has effect according to its terms.

Schedule 1   Amendments

Retirement Savings Accounts Regulations 1997

1   Clause 3A of Schedule 1

Omit "and 1 July 2021,", substitute ", 1 July 2021 and 1 July 2022,".

2   Clause 3A of Schedule 1A

Omit "and 1 July 2021,", substitute ", 1 July 2021 and 1 July 2022,".

3   Clause 10 of Schedule 4

Omit "and 1 July 2021,", substitute ", 1 July 2021 and 1 July 2022,".

4   Clause 3A of Schedule 5

Omit "and 1 July 2021,", substitute ", 1 July 2021 and 1 July 2022,".

Superannuation Industry (Supervision) Regulations 1994

5   Clause 3A of Schedule 1A

Omit "and 1 July 2021,", substitute ", 1 July 2021 and 1 July 2022,".

6   Clause 3A of Schedule 1AAB

Omit "and 1 July 2021,", substitute ", 1 July 2021 and 1 July 2022,".

7   Clause 10 of Schedule 6

Omit "and 1 July 2021,", substitute ", 1 July 2021 and 1 July 2022,".

8   Clause 4A of Schedule 7

Omit "and 1 July 2021,", substitute ", 1 July 2021 and 1 July 2022,".