3Definitions

3 Definitions

3 Definitions

In this regulation—

additional surcharge amount means the amount of superannuation contributions surcharge assessed to be payable in accordance with a post payment surcharge assessment notice.

Commissioner of Taxation means the person holding office for the time being as Commissioner of Taxation under a law of the Commonwealth.

contributor, for Part 4—see section 21.

deferred benefit, for Part 4—see section 21.

former member of the police force, for Part 5—see section 28.

police medical officer, for Part 5—see section 28.

Police Superannuation Scheme, for Part 4—see section 21.

post payment surcharge assessment notice means a notice of the assessment of a superannuation contributions surcharge under the Superannuation Contributions Tax (Assessment and Collection) Act 1997 of the Commonwealth in relation to employer contributions paid to the Fund on behalf of a former contributor.

surcharge deduction cap means the maximum surcharge deduction amount that may be determined by STC under the Act, section 14AA(1C) in relation to a benefit payable to a former contributor.

the Act means the Police Regulation (Superannuation) Act 1906.

total surcharge amount, for a former contributor, means the sum of the following—

(a) the total superannuation contributions surcharge assessed to be payable in relation to employer contributions paid to the Fund on the former contributor’s behalf, up to and including the date on which the former contributor receives a post payment surcharge assessment notice,

(b) the general interest charged for the additional surcharge amount payable under the notice,

(c) the interest payable on the surcharge debt account, within the meaning of the Act, section 14AA, kept in relation to the former contributor.

Note—

The Act and the Interpretation Act 1987 contain definitions and other provisions that affect the interpretation and application of this regulation.