Superannuation Industry (Supervision) Amendment (Your Future, Your Super - Addressing Underperformance in Superannuation) Regulations 2023 (F2023L01063)

Schedule 1   Main amendments

Superannuation Industry (Supervision) Regulations 1994

67   In the appropriate position in Part 14

Insert:

Division 14.34 - Transitional arrangements arising out of the Superannuation Industry (Supervision) Amendment (Your Future, Your Super - Addressing Underperformance in Superannuation) Regulations 2023

14.36 Arrangements

(1) The amendments made by Schedule 1 to the Superannuation Industry (Supervision) Amendment (Your Future, Your Super - Addressing Underperformance in Superannuation) Regulations 2023 apply on and after 1 July 2023.

(2) If the assessment year mentioned in subparagraph 9AB.10(2)(a)(ii) is the 2022-23 financial year, treat the reference in that subparagraph to 7 as instead being a reference to 6.

(3) If the financial year mentioned in the definition of test period in regulation 9AB.23 is the 2022-23 financial year, treat the reference in that definition to 10 as instead being a reference to 9.