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Short title
1 Short title
This Act may be cited as the Superannuation Auditor Registration Imposition Act 2012.
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Commonwealth act
This Act authorises charging fees under section 128L of the Superannuation Industry (Supervision) Act 1993 (commencing 31 Jan 2013) but does not set amounts. It delegates to regulations (made by the Governor‑General) the power to fix fee amounts or calculation methods, subject to a $3,000 cap and different rates for listed matter types. It affects those liable under s128L, creating direct cost, compliance obligations and regulatory uncertainty until fees are prescribed.
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Direct links to the current provisions in Superannuation Auditor Registration Imposition Act 2012.
This Act may be cited as the Superannuation Auditor Registration Imposition Act 2012.
This Act commences on 31 January 2013.
Fees payable in accordance with section 128L of the Superannuation Industry (Supervision) Act 1993 are imposed.
(1) The amounts of those fees are prescribed by the regulations. (2) The regulations may prescribe such a fee: (a) by prescribing an amount (not exceeding $3,000) as the fee; or (b) by prescribing a method for calculating the amount (not exceeding $3,000) of the fee. (3) The regulations may prescribe different amounts for different kinds of matters mentioned in an item in column 1 of the table in subsection 128L(1) of the Superannuation Industry (Supervision) Act 1993.
The Governor‑General may make regulations for the purposes of section 4.
Sourced from the Federal Register of Legislation (legislation.gov.au), CC BY 4.0.
This Act may be cited as the Superannuation Auditor Registration Imposition Act 2012.
This Act commences on 31 January 2013.
Fees payable in accordance with section 128L of the Superannuation Industry (Supervision) Act 1993 are imposed.
(1) The amounts of those fees are prescribed by the regulations. (2) The regulations may prescribe such a fee: (a) by prescribing an amount (not exceeding $3,000) as the fee; or (b) by prescribing a method for calculating the amount (not exceeding $3,000) of the fee. (3) The regulations may prescribe different amounts for different kinds of matters mentioned in an item in column 1 of the table in subsection 128L(1) of the Superannuation Industry (Supervision) Act 1993.
The Governor‑General may make regulations for the purposes of section 4.