Commonwealth Numbered Acts

SUPERANNUATION (SELF MANAGED SUPERANNUATION FUNDS) SUPERVISORY LEVY AMENDMENT ACT 2007 (NO. 14, 2007) - SCHEDULE 1

Superannuation (Self Managed Superannuation Funds) Supervisory Levy Imposition Act 1991

1  Section 6

Repeal the section, substitute:

6   Amount of levy

                   The amount of levy payable on the lodgment of a return for a year of income is an amount (not exceeding $200) specified in regulations for the purposes of this section.

2  Application

The amendment made by this Schedule applies to the 2007‑2008 income year and later years.

[ Minister's second reading speech made in--

House of Representatives on 7 December 2006

Senate on 26 February 2007 ]