OCCUPATIONAL SUPERANNUATION STANDARDS REGULATIONS (AMENDMENT) 1991 NO. 155 

OCCUPATIONAL SUPERANNUATION STANDARDS REGULATIONS (AMENDMENT) 1991 NO. 155 
- TABLE OF PROVISIONS

1.    Commencement  
2.    Amendment  
3.  New regulation 25A  


1991 No. 155 OCCUPATIONAL SUPERANNUATION STANDARDS REGULATIONS (AMENDMENT) -
REG 1
1.   Commencement


  1.1   These Regulations commence on 1 July 1991.


1991 No. 155 OCCUPATIONAL SUPERANNUATION STANDARDS REGULATIONS (AMENDMENT) -
REG 2
2.   Amendment


  2.1   The Occupational Superannuation Standards Regulations are amended as
set out in these Regulations.


1991 No. 155 OCCUPATIONAL SUPERANNUATION STANDARDS REGULATIONS (AMENDMENT) -
REG 3
3. New regulation 25A


  3.1 After regulation 25, insert:
Late lodgment fees
 "25A. (1) If a return for a year of income beginning before 1 July 1990 is
lodged after 31 December 1991, the trustee lodging the return is liable to pay
a late lodgment fee.
 "(2) The late lodgment fee is the lesser of $200 and:
 (a) if the return is in relation to a year of income commencing on 1 July
1986 or 1 July 1987-$5 for each month or part of a month between 1 July 1989
and the day on which it is lodged; and
 (b) in any other case-$5 for each month or part of a month between 1 July in
the financial year beginning immediately after the return was due and the day
on which it is lodged.
 "(3) A late lodgment fee is payable when the return is lodged.
 "(4) In this regulation "return" means a return referred to in subparagraph
12 (1) (b) (ii), 14 (1) (b) (ii) or 15B (1) (b) (ii) of the Act as in force
immediately before the commencement of the Occupational Superannuation Laws
Amendment Act 1991."


- NOTES


1991 No. 155*1* OCCUPATIONAL SUPERANNUATION STANDARDS REGULATIONS*2*
(AMENDMENT)



*1*Notified in the Commonwealth of Australia Gazette on 28 June 1991.
*2*Statutory Rules 1987 No. 32 as amended by 1988 No. 255; 1989 Nos. 24,281 and
356; 1990 Nos. 149, 150, 185, 202 and 275; 1991 Nos. 16 , 58 and 150.