6Temporary budget repair levy

6 Temporary budget repair levy

(1) This section applies to departing Australia superannuation payments received in a temporary budget repair levy year. (2) Increase: (a) the percentage mentioned in paragraph 5(1)(b) by 3 percentage points; and (b) the percentage mentioned in paragraph 5(1)(c) by 2 percentage points; and (c) the percentage mentioned in paragraph 5(2)(a) by 2 percentage points. (3) In this section:

temporary budget repair levy year has the same meaning as in section 4‑11 of the Income Tax (Transitional Provisions) Act 1997.