TASIn ForceRegulation
Public Sector Superannuation Reform (Parliamentary Superannuation) Regulations 2016
72Benefit entitlements subject to taxation
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### 72 Benefit entitlements subject to taxation
> The Commission must –
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> > > (a) establish and maintain policies and administrative procedures with respect to the taxation of contributions and PRB Fund superannuation benefits under these regulations; and
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> > > (b) determine, from time to time –
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> > > > > (i) the proportion of a PRB Fund superannuation benefit that is to be treated by the Commission as an element taxed in the fund for the purposes of the *Income Tax Assessment Act 1997* of the Commonwealth; and
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> > > > > (ii) the proportion of a PRB Fund superannuation benefit that is to be treated by the Commission as a tax free component for the purposes of that Act; and
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> > > (c) deduct from contributions and PRB Fund superannuation benefits all amounts required to be paid as taxation under the law of the Commonwealth and remit those amounts to the Taxation Commissioner.