Tax Laws Amendment (Simplified Superannuation) Act 2007 (Cth)

Tax Laws Amendment (Simplified Superannuation) Act 2007

No. 9, 2007

An Act to amend the law relating to taxation, superannuation, social security and veterans' entitlements, and for related purposes

Contents 1 Short title 2 Commencement 3 Schedule(s)

Schedule 1—Main superannuation amendments

Part 1—Main amendments Income Tax Assessment Act 1997

Part 2—Main consequential amendments Income Tax Assessment Act 1936 Income Tax Assessment Act 1997 Income Tax Rates Act 1986 Taxation Administration Act 1953

Part 3—Main transitional amendments Income Tax (Transitional Provisions) Act 1997

Part 4—TFN consequentials for Division 295 Income Tax Assessment Act 1936 Superannuation Industry (Supervision) Act 1993 Taxation (Interest on Overpayments and Early Payments) Act 1983

Schedule 2—Employment termination payments

Part 1—Main amendments Income Tax Assessment Act 1997

Part 2—Main transitional and consequential amendments Income Tax (Transitional Provisions) Act 1997 Taxation Administration Act 1953

Schedule 3—Indexation Income Tax Assessment Act 1997

Schedule 4—Reporting Superannuation (Government Co‑contribution for Low Income Earners) Act 2003 Superannuation Guarantee (Administration) Act 1992 Superannuation (Resolution of Complaints) Act 1993 Taxation Administration Act 1953

Schedule 5—Self‑managed superannuation funds Fringe Benefits Tax Assessment Act 1986 Income Tax Assessment Act 1997 Superannuation Industry (Supervision) Act 1993 Superannuation (Self Managed Superannuation Funds) Taxation Act 1987 Taxation Administration Act 1953

Schedule 6—Government Co‑contribution for Low Income Earners Superannuation (Government Co‑contribution for Low Income Earners) Act 2003

Schedule 7—Portability and unclaimed money Retirement Savings Accounts Act 1997 Superannuation (Unclaimed Money and Lost Members) Act 1999