Commonwealth Consolidated Regulations

SUPERANNUATION CONTRIBUTIONS TAX (ASSESSMENT AND COLLECTION) REGULATIONS 1997

- made under the Superannuation Contributions Tax (Assessment and Collection) Act 1997

TABLE OF PROVISIONS

   PART 1--PRELIMINARY

   1.      Name of Regulations [see Note 1]  
   2.      Definitions  
   2A.     Meaning of unfunded defined benefits superannuation scheme (Act s 43)  

   PART 1A--CONTRIBUTED AMOUNTS

   2E.     Interpretation  
   2F.     Meaning of contributed amounts — amounts attributable to interest — schemes without surplus (Act s 43)  
   2G.     Meaning of contributed amounts — amounts attributable to interest — schemes with surplus (Act s 43)  
   2H.     Meaning of contributed amounts — amounts credited, allocated or attributable to member (Act s 43)  

   PART 1B--SURCHARGEABLE CONTRIBUTIONS

   2L.     Surchargeable contributions — member of defined benefits superannuation scheme — 1999-2000 financial year (Act s 8 (5) (a))  
   2M.     Surchargeable contributions — member of defined benefits superannuation scheme — 2000-2001 financial year and later years (Act s 8 (5) (a))  
   2N.     Meaning of non-accruing member  
   2O.     Interest splits or transferred amounts on marriage breakdown  

   PART 2--STATEMENTS BY SUPERANNUATION PROVIDERS ADDITIONAL

   3.      Member contributions statement — additional matters (Act, subsection 13 (2))  
   3A.     Contributed amounts paid/transferred out statement — additional matters (Act, subsection 13 (3) and paragraph 13 (4) (a))  
   3B.     Information to be given by a transferor superannuation provider (Act, paragraph 13 (4) (b))  
   3C.     Information to be given to a transferor superannuation provider (Act, subsection 13 (4A))  
   3D.     Assessment variation advice statement (Act, section 35)  
   3E.     Account reconciliation statement (Act, section 35)  

   PART 3--INFORMATION GENERALLY

   4.      Form of information to be given to the Commissioner  
   5.      Where information is to be given  
   6.      Change of superannuation provider's address for service  
   7.      How an address for service will be determined  
   8.      Last known place of business or residence  
   9.      Change or omission in information given to the Commissioner  
   10.     Giving a tax file number statement to the Commissioner  
   11.     Commissioner may cause information to be marked or annotated  
   12.     Need to give information in the required form and manner  
   13.     Commissioner may request information  

   PART 4--MISCELLANEOUS

   14.     Services of notices etc  
   15.     Presumption as to signatures  
   16.     Amounts of interest to be rounded down — surcharge debt accounts  
   17.     Amounts remitted or refunded to be rounded up  
   18.     Expenses for persons attending before the Commissioner (Act, subsection 39 (4))  
           SCHEDULE 1 Unfunded defined benefits superannuation schemes
           SCHEDULE 2 Method for working out amount of surchargeable contributions
           SCHEDULE 3 Member contributions statement - additional matters
           SCHEDULE 4 Contributed amounts paid/transferred out statement - additional matters
           SCHEDULE 5 Information to be given by a transferor superannuation provider to a destination superannuation provider
           SCHEDULE 6 Information to be given by a destination superannuation provider to a transferor superannuation provider
           SCHEDULE 7 Assessment variation advice statement
           SCHEDULE 8 Account reconciliation statement
           SCHEDULE 9 Tax file number statement
           SCHEDULE 10 Scale of expenses