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13 Feb 12 Regs reduce minimum payment amounts for account-based pensions by 25%

Retirement Savings Accounts Amendment Regulation 2012 (No 1) was made on 9 February 2012 and registered on the Federal Register of Legislative Instruments on 13 February 2011 as Select Legislative Instrument 2012 No 1.

The Regulation amends the Retirement Savings Accounts Regulations 1997 and gives effect to the Government's announced measure to reduce the minimum payment amounts for account-based pensions by 25% for 2012-13.

Superannuation Industry (Supervision) Amendment Regulation 2012 (No 1) was made on 9 February 2012 and registered on the Federal Register of Legislative Instruments on 13 February 2011 as Select Legislative Instrument 2012 No 2.

The Regulation amends the Superannuation Industry (Supervision) Regulations 1994 and gives effect to the Government's announced measure to reduce the minimum payment amounts for account-based pensions by 25% for 2012-13.

For a copy of the Explanatory Statement, click on the Explanatory Statement tab.

 


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