Published on 28 Feb 00
by TASMANIAN DIVISION, THE TAX INSTITUTE
On 8 December 1999, the Parliament finally passed the Superannuation Legislation Amendment Bill (No.4) 1999 to give effect to the investment restrictions announced in the 1998-99 Budget. SLAB No.4 has now clarified many apsects of those announcements, which have for over 18 months caused considerable uncertainty and delay in the investment of superannuation assets in Australia. This paper examines the impact of these changes on superannuation funds and their investments.