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Name: Small Superannuation Accounts Act 1995 (No. 52 of 1995).
Country: Australia
Subject(s): Old-age, invalidity and survivors benefit
Type of legislation: Law, Act
Adopted on: 1995-06-23
Entry into force:
Published on: Printed separately, 63 p.
ISN: AUS-1995-L-41937
Link: https://www.ilo.org/dyn/natlex/natlex4.detail?p_isn=41937&p_lang=en
Bibliography: Printed separately, 63 p.
Legislation on-line Legislation on-line ComLaw, Attorney-General's Department, Australia (consulted on 2011-11-24)
Abstract/Citation: Provides for the establishment of accounts by the Australian Taxation Office to allow employers to deposit money for their employees instead of making superannuation contributions. These accounts allow employees with small balances to avoid fees; interest shall be paid only on the first $1,200 so as to encourage the eventual transfer of funds to a superannuation account.
Amending text(s):

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