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Draft amendments to the Corporations Regulations 2001 to support the simplified superannuation reforms.



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Draft Amendments to the Corporations Regulations 2001 to Support the Simplified Superannuation Reforms

The Minister for Revenue and Assistant Treasurer, Peter Dutton, today released for public comment further draft regulations supporting the Simplified Superannuation reforms.

These draft regulations propose amendments to the Corporations Regulations 2001 to ensure that superannuation providers allocate taxation offsets arising from the quotation of a member’s tax file number to the member’s superannuation or retirement savings account.

The draft regulations also propose minor amendments to the Corporations Regulations 2001 to update references and superannuation terminology as a result of the Simplified Superannuation reforms.

The Government invites parties to provide comments on the draft regulations by 12 April 2007. The draft regulations are available from the website, http://simplersuper.treasury.gov.au

Comments can be sent to the following address:

General Manager Superannuation, Retirement and Savings Division The Treasury Langton Crescent PARKES ACT 2600

Email: simplersuper@treasury.gov.au

Media Contact: Brad Emery - 02 6277 7360 - 0414 225 638