Commonwealth Consolidated Acts

SMALL SUPERANNUATION ACCOUNTS ACT 1995 - SECT 46

             (1)  As soon as practicable after an amount is credited to the Special Account under section 41 in respect of a quarter (the current quarter ), the Commissioner of Taxation must, by notice published in the Gazette , declare that, for the purposes of this Part:

                     (a)  a specified day in the quarter next following the current quarter is the allocation day for the current quarter; and

                     (b)  a specified percentage is the allocation rate for the current quarter.

Note:          To work out the allocation rate see section 47.

             (2)  The declaration has effect accordingly.