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Title

RETIREMENT SAVINGS ACCOUNTS BILL 1997

RETIREMENT SAVINGS ACCOUNTS (CONSEQUENTIAL AMENDMENTS) BILL 1997

RETIREMENT SAVINGS ACCOUNTS SUPERVISORY LEVY BILL 1996

In Committee

Database

Senate Hansard

Date

25-03-1997

Source

Senate

Parl No.

38

Electorate

TAS

Interjector

TEMPORARY CHAIRMAN

Page

2409

Party

IND

Presenter

 

Status

Final

Question No.

 

Questioner

 

Responder

 

Speaker

Senator HARRADINE

Stage

 

Type

 

Context

Bill

System Id

chamber/hansards/1997-03-25/0208


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Tuesday, 25 March 1997
Page: 2409


Senator HARRADINE(6.13 p.m.) —Minister, that was not my intention. I did hear what you said. You did explain it, but it did not convince me. Established has its ordinary meaning. Presumably an employer will not establish an RSA if the RSA is not going to be utilised. Surely the employer would seek from the employees permission to have the money paid into the RSA. Surely no employer would just establish an RSA without having it operated. I am supporting the amendment that has been moved by Senator Sherry.