Superannuation (Government Co-Contribution for Low Income Earners) Act 2003

PART 6 - ENFORCEMENT

Division 1 - Record keeping obligations

31 (Repealed) SECTION 31 COMMISSIONER MAY REQUIRE SUPERANNUATION PROVIDER TO GIVE INFORMATION
(Repealed by No 2 of 2015)

S 31 repealed by No 2 of 2015, s 3 and Sch 2 item 59, effective 1 July 2015. S 31 formerly read:

SECTION 31 COMMISSIONER MAY REQUIRE SUPERANNUATION PROVIDER TO GIVE INFORMATION

31(1)
The Commissioner may give a superannuation provider a written notice requiring the provider to give the Commissioner a statement setting out:

(a) information to enable the Commissioner to determine:

(i) whether a Government co-contribution is payable in respect of a person; or

(ii) the amount of any Government co-contribution payable in respect of a person; or

(b) information to enable the Commissioner to determine the superannuation provider to which the Commissioner should pay a Government co-contribution, or an underpaid amount, in respect of a person; or

(c) information to enable the Commissioner to determine:

(i) whether an amount is recoverable under section 24 (which deals with overpayments) in relation to a Government co-contribution paid in respect of a person; or

(ii) the amount overpaid in relation to a Government co-contribution paid in respect of a person; or

(d) any other matters required by the regulations.
The notice must specify the period within which the statement must be given to the Commissioner. The period specified must end not less than 21 days after the day the notice is given.

31(2)
The superannuation provider commits an offence if the provider fails to comply with the notice.
Penalty: 60 penalty units.

31(3)
The Commissioner may give a notice under subsection (1) at any time and from time to time.

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