The Government in the Budget of 12 May 1998 announced that the supeannuation law investment standards were to be amended to effectively prohibit related party transactions. This development had not been anticipated by most commentators but was consistent with a view that policy on superannuation was undergoing quite dramatic change. This paper reviews the Exposure Draft of Superannuation Legislation Amendment Bill (No 4) 1999 which was released on 22 April 1999 in response to the Government's announcement in May 1998.
Stephen Heath CTA
Steve is a Partner in the Taxation & Revenue section of Wallmans Lawyers with his principal practice areas being superannuation and tax. He also works on general commercial matters with a focus on tax planning, business structuring and insurance. Steve is a member of The Tax Institute’s State Council and National Council. Current at 09 June 2015
Click here to expand/collapse more articles by Stephen HEATH.