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      9   Superannuation Legislation Amendment (Reducing Illegal Early Release and Other Measures) Bill 2012

Mr Shorten (Minister for Financial Services and Superannuation) presented a Bill for an Act to amend the law relating to superannuation and tax, and for related purposes.

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Mr Shorten presented an explanatory memorandum to the bill and to the Income Tax Rates Amendment (Unlawful Payments from Regulated Superannuation Funds) Bill 2012.

Bill read a first time.

Mr Shorten moved—That the bill be now read a second time.

Debate adjourned (Mr Turnbull), and the resumption of the debate made an order of the day for the next sitting.