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Thursday, 24 June 2004
Page: 31711

Message received from the Senate returning the bill and acquainting the House that the Senate does not insist on its amendments disagreed to by the House and requests the concurrence of the House on amendments made in place of those amendments.

Ordered that the amendments be considered forthwith.

Senate's amendments—

(1) Schedule 2, item 1, page 5 (line 12), omit “—10%; and”, substitute “and later financial years—10%.”.

(2) Schedule 2, item 1, page 5 (lines 13 and 14), omit paragraph (d) of the definition of maximum surcharge percentage.

(3) Schedule 2, item 2, page 5 (line 24), omit “—10%; and”, substitute “and later financial years—10%.”.

(4) Schedule 2, item 2, page 5 (lines 25 and 26), omit paragraph (d) of the definition of maximum surcharge percentage.

(5) Schedule 2, item 3, page 6 (line 5), omit “—10%; and”, substitute “and later financial years—10%.”.

(6) Schedule 2, item 3, page 6 (lines 6 and 7), omit paragraph (d) of the definition of maximum surcharge percentage.

(7) Schedule 2, item 4, page 7 (lines 10 to 15), omit paragraphs (d) and (e), substitute:

(d) 10% of the employer-financed component of any part of the benefits payable to the member that accrued after 30 June 2005.

(8) Schedule 2, item 5, page 7 (lines 22 to 27), omit paragraphs (d) and (e), substitute:

(d) 10% of the employer-financed component of any part of the benefits payable to the person that accrued after 30 June 2005.

(9) Schedule 2, item 6, page 8 (lines 4 to 9), omit paragraphs (d) and (e), substitute:

(d) 10% of the employer-financed component of any part of the benefits payable to the person that accrued after 30 June 2005.

(10) Schedule 2, item 7, page 8 (lines 17 to 22), omit paragraphs (d) and (e), substitute:

(d) 10% of the employer-financed component of any part of the benefits payable to the member that accrued after 30 June 2005.

(11) Schedule 2, item 8, page 8 (line 31) to page 9 (line 3), omit subparagraphs (iv) and (v), substitute:

(iv) 10% of the employer-financed component of any part of the benefits payable to the member that accrued after 30 June 2005.

(12) Schedule 2, item 9, page 9 (lines 10 to 17), omit subparagraphs (iv) and (v), substitute:

(iv) 10% of the employer-financed component of any part of the benefits that would have been payable to the member but for the payment split and that accrued after 30 June 2005.

(13) Schedule 2, item 10, page 9 (lines 25 to 34), omit subparagraphs (iv) and (v), substitute:

(iv) 10% of the employer-financed component of any part of the value of the age retirement benefits of the member when the fund ceased to be a constitutionally protected superannuation fund that accrued after 30 June 2005.