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Thursday, 24 May 2001
Page: 27054


Mr HOCKEY (Minister for Financial Services and Regulation) (4:29 PM) —In one of my answers in question time today I referred to superannuation penalties for noncompliance with the Superannuation Industry (Supervision) Act being cut in half, from $11,000 to $5,500. They were cut in half. However, the figures are: $5,500 to $2,750. I correct my answer.