Commonwealth Numbered Acts

TAXATION LAWS AMENDMENT ACT 1994No. 56, 1994 - SECT 109

109. (1) Section 66 of the Principal Act is repealed and the following section
is substituted: Payment to employee retired due to permanent incapacity or
invalidity

"66. If:

   (a)  the employee is under 55 but has retired because of permanent
        incapacity or permanent invalidity; and

   (b)  the former employee has lodged with the Commissioner:

        (i)    written notice of the retirement; and

        (ii)   a copy of a certificate signed by 2 registered medical
               practitioners certifying that the former employee is unlikely
               to be able to work again in a capacity for which he or she is
               reasonably qualified by education, training or experience; the
               Commissioner must pay the amount of the shortfall component to
               the former employee.".

(2) The amendment made by subsection (1) applies to assessments of
superannuation guarantee shortfall for the year beginning on 1 July 1993 and
for all later years.