Clause 5
Subclause (2): to omit subclause (2) (lines 26 and 27 on page 48) and substitute the following:
(2) Section BE 1(5) is replaced by the following:“‘Employer's superannuation cash contributions“‘(5) A person who makes an employer's superannuation cash contribution must pay ESCT under the ESCT rules.’”
(2) Section BE 1(5) is replaced by the following:
“‘Employer's superannuation cash contributions“‘(5) A person who makes an employer's superannuation cash contribution must pay ESCT under the ESCT rules.’”
“‘(5) A person who makes an employer's superannuation cash contribution must pay ESCT under the ESCT rules.’”
Subclause (8): to omit subclause (8) (lines 7 to 11 on page 49) and substitute the following:
(8) Subsection (3) applies for all income years beginning on or after 1 July 2009.