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On 30 October 2012, Superannuation Legislation Amendment (New Zealand Arrangement) Bill 2012 was passed by the House of Representatives without amendment.

The Bill amends the ITAA 1997, Superannuation (Government Co-contribution for Low Income Earners) Act 2003 and Taxation Administration Act 1953 to implement the Arrangement on Trans-Tasman Retirement Savings Portability to enable Australians and New Zealanders to transfer retirement savings between the two countries. .

The Bill now proceeds to the Senate.


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