Submission on Consultation of exposure draft Treasury Laws Amendment (2017 Measures No.2) Bill 2017
This submission has been prepared by the Superannuation Committee of the Law Council's Legal Practice Section.
The Committee's objectives are to ensure that the law relating to superannuation in Australia is sound, equitable and clear. The Committee makes submissions and provides comments on the legal aspects of the majority of all proposed legislation, circulars, policy papers and other regulatory instruments which affect superannuation funds.
The Committee is please to have the opportunity to comment on the Consultation of exposure draft Treasury Laws Amendment (2017 Measures No.2) Bill 2017: Superannuation Reform Package Amending Provisions (Bill) and the Consultation of expanding the range of capped defined income streams exposure draft Treasury Instruments Autumn 2017: TSY/45/029 Capped defined benefit income stream (Statutory Instrument).
The Committee is guided by its objectives identified above and has only made comments in the submission where the Commitee has identified issues within its remit.
You can read the full submission below.