The book "Australian Superannuation Legislation 2022" is a comprehensive legal reference guide that consolidates all the essential legislation affecting superannuation funds, members, and trustees in Australia. Here is a detailed overview of the book:
Key Themes
- Superannuation Industry (Supervision) Act and Regulations: This act is a cornerstone of Australian superannuation law, governing the regulation and supervision of superannuation funds.
- Superannuation (Government Co-contribution for Low Income Earners) Act and Regulations: This legislation provides for government co-contributions to superannuation accounts for low-income earners.
- Superannuation Guarantee (Administration) Act and Regulations: This act ensures that employers contribute to their employees' superannuation funds.
- Superannuation (Unclaimed Money and Lost Members) Act and Regulations: This legislation deals with unclaimed superannuation funds and lost members.
- Rating Acts: These acts are related to the assessment and collection of taxes and other levies.
- Income Tax Assessment Act 1997 and Regulations: This act governs the assessment of income tax in Australia.
- Income Tax (Transitional Provisions) Act 1997 and Regulations: This legislation provides transitional provisions for changes to income tax laws.
- Taxation Administration Act: This act governs the administration of taxation laws in Australia.
- Corporations Act 2001: This act regulates corporations and their activities, including those related to superannuation.
Plot Summary
The book provides a detailed summary of the legislative amendments to superannuation and related laws up to 1 January 2022. It includes key legislative reforms enacted in 2021, particularly those from the "Your Future, Your Super" package, which were recommended by the Banking Royal Commission. The book covers all the essential legislation affecting superannuation funds, members, and trustees, along with a summary of the 2021 amending Acts and Regulations to superannuation, tax, and related laws. It also includes proposed legislation affecting superannuation.
Critical Reception
Given its comprehensive nature and the importance of superannuation legislation in Australia, the book is widely regarded as essential for any professional or scholar working in the field of superannuation. The critical reception is positive, reflecting its utility in keeping practitioners up to date with the extensive changes to superannuation law.
Edition Details
- Title: Australian Superannuation Legislation
- Publisher: CCH Australia, Limited
- Edition Number: 28
- Publication Date: 18th March 2022
- Format: Paperback
- Language: English
- ISBN: 9781922509376
- Dimensions: 24.5 x 11 x 9.5 cm
- Weight: 3.09 kg
This book is a critical resource for anyone involved in the administration or regulation of superannuation funds in Australia, providing a comprehensive overview of the legal framework governing these entities.