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Superannuation (Government Co-contribution for Low Income Earners) Act 2003
55Regulations
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55 Regulations
The Governor‑General may make regulations prescribing matters: (a) required or permitted by this Act to be prescribed; or (b) necessary or convenient to be prescribed for carrying out or giving effect to this Act; and, in particular, prescribing penalties, not exceeding a fine of 5 penalty units, for offences against the regulations.
Note: The regulations may relate to the Government co‑contribution and the low income superannuation tax offset (see section 12B).