Supplementary Explanatory Memorandum
(Circulated by authority of the Treasurer, the Hon Josh Frydenberg MP)General outline and financial impact
Parliamentary Amendments
The Parliamentary Amendments to the Bill remove the regulation making power to prohibit a trustee of a registrable superannuation entity from making certain payments or investments.
Date of effect: None.
Proposal announced: These amendments have not previously been announced.
Financial impact: Nil.
Human rights implications: The amendments do not affect the analysis of the human rights issues provided for in the Explanatory Memorandum to the Bill. See Statement of Compatibility with Human Rights - Chapter 4.
Compliance cost impact: The amendments are not expected to substantially alter the cost impact outlined in the Explanatory Memorandum to the Bill.
Amendments
Amendments 1 and 2
1.1 Amendments 1 and 2 remove the regulation making power to prohibit a trustee of a registrable superannuation entity from making certain payments or investments. [Amendments 1 and 2]
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