31 Oct 12 New Zealand super Bill passed by House
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.