Public Governance, Performance and Accountability (Consequential and Transitional Provisions) Act 2014 (62 of 2014)
Schedule 12 Amendments of Acts starting with S to W
Small Superannuation Accounts Act 1995
125 Section 3
Omit:
• The Australian Taxation Office administers a Special Account. Notional accounts are kept within the Special Account. Employers may deposit money for their employees instead of making superannuation contributions. These deposits are credited to the notional accounts.
substitute:
• The Australian Taxation Office administers a special account. Notional accounts are kept within the special account.
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