(a) no payments that were eligible termination payments for the purposes of Subdivision AA of eligible termination payment in subsection 27A(1) of that Act were made to or for the member in the financial year; orDivision 2 of Part III of the Income Tax Assessment Act because of paragraph (a) of the definition of

(b) one or more such payments were so made but the total of the reduced amounts of the payments (other than payments that were rolled over before 1 July 1997) was equal to or greater than the amount specified in subsection 5(2) of the Superannuation Contributions Tax Imposition Act 1997 as altered under section 7 of that Act for the financial year.

the member’s taxable income of the year of income comprising the financial year less any amounts included in the member’s assessable income of that year of income:

(i) that were eligible termination payments for the purposes of Subdivision AA of eligible termination payment in subsection 27A(1) of that Act); orDivision 2 of Part III of the Income Tax Assessment Act (other than amounts that were such payments because of paragraph (a) of the definition of

that were so included under section 26AC or under subsection 26AD(2), (3) or (4) of the Income Tax Assessment Act in respect of a bona fide redundancy amount, an early retirement scheme amount or an invalidity amount as defined in section 159S of that Act; and

in respect of the financial year beginning on 1 July 1996 or the following financial year—the amount (if any) by which the amount worked out under paragraph (a) would be increased if it were instead worked out ignoring subsection 271-105(1) in Schedule 2F to the Income Tax Assessment Act; and

in respect of the financial year beginning on 1 July 1998 or a later financial year—the amount (if any) by which the amount worked out under paragraph (a) would be increased if it were instead worked out ignoring paragraphs 102UK(2)(b) and 102UM(2)(b) of, and subsection 271-105(1) in Schedule 2F to, the Income Tax Assessment Act; and

(d) the member’s surchargeable contributions for the financial year, worked out ignoring subsection 8(8) of this Act and subsection 9(9) of the Superannuation Contributions Tax (Members of Constitutionally Protected Superannuation Funds) Assessment and Collection Act 1997; and

(e) in respect of a financial year beginning on or after 1 July 1999—if the member is an employee (within the meaning of the Fringe Benefits Tax Assessment Act 1986) who has a reportable fringe benefits total (as defined in that Act) for the year of income comprising the financial year—the reportable fringe benefits total for the year of income.

(a) one or more payments that were eligible termination payments for the purposes of Subdivision AA of eligible termination payment in subsection 27A(1) of that Act were made to or for the member in the financial year; andDivision 2 of Part III of the Income Tax Assessment Act because of paragraph (a) of the definition of

(b) the total of the reduced amounts of the payments (other than payments that were rolled over before 1 July 1997) was less than the amount specified in subsection 5(2) of the Superannuation Contributions Tax Imposition Act 1997 as altered under section 7 of that Act for the financial year.

the member’s taxable income of the year of income comprising the financial year less any of the following amounts included in the member’s assessable income of that year of income:

amounts that were eligible termination payments for the purposes of Subdivision AA of Division 2 of Part III of the Income Tax Assessment Act;

amounts that were so included under section 26AC or under subsection 26AD(2), (3) or (4) of the Income Tax Assessment Act in respect of a bona fide redundancy amount, an early retirement scheme amount or an invalidity amount as defined in section 159S of that Act; and

in respect of the financial year beginning on 1 July 1996 or the following financial year—the amount (if any) by which the amount worked out under paragraph (a) would be increased if it were instead worked out ignoring subsection 271-105(1) in Schedule 2F to the Income Tax Assessment Act; and

in respect of the financial year beginning on 1 July 1998 or a later financial year—the amount (if any) by which the amount worked out under paragraph (a) would be increased if it were instead worked out ignoring paragraphs 102UK(2)(b) and 102UM(2)(b) of, and subsection 271-105(1) in Schedule 2F to, the Income Tax Assessment Act; and

in respect of each eligible termination payment referred to in subsection (1)—whichever of the following amounts is appropriate:

if the post-20 August 1996 period is less than 365 days—the amount (excluding any cents, cent or fraction of a cent included in that amount) worked out using the formula:

otherwise—the amount (excluding any cents, cent or fraction of a cent included in that amount) worked out using the formula:

where:

ETP means:

if no part of the payment was rolled-over—so much of the amount of the payment as is included in the member’s taxable income of the year of income comprising the financial year; or

if any of the payment was rolled-over—the sum of:

so much of the part (if any) of the payment that was not rolled-over as is included in the member’s taxable income of the year of income comprising the financial year; and

so much of the part of the payment that was rolled-over after 30 June 1997 as would have been included in that taxable income if that part of the payment had not been rolled-over.

post-20 August 1996 period means the number of days in the period of the member’s employment for which the eligible termination payment was made that occurred after 20 August 1996.

total period means the number of days in the period of the member’s employment for which the eligible termination payment was made; and

(e) the member’s surchargeable contributions for the financial year, worked out ignoring subsection 8(8) of this Act and subsection 9(9) of the Superannuation Contributions Tax (Members of Constitutionally Protected Superannuation Funds) Assessment and Collection Act 1997, less any amounts included in those surchargeable contributions because of subparagraph 8(2)(c)(iii); and

(f) in respect of a financial year beginning on or after 1 July 1999—if the member is an employee (within the meaning of the Fringe Benefits Tax Assessment Act 1986) who has a reportable fringe benefits total (as defined in that Act) for the year of income comprising the financial year—the reportable fringe benefits total for the year of income.

there are any contributed amounts for a financial year in relation to a member other than a member of a defined benefits superannuation scheme; and

where the relevant superannuation provider is the trustee of a superannuation fund or of an approved deposit fund—the superannuation fund is a complying superannuation fund or the approved deposit fund is a complying approved deposit fund, as the case may be, for the purposes of the year of income comprising the financial year;

the surchargeable contributions of the member for the financial year are the sum of:

(c) so much of the amounts referred to in subparagraph (a)(i) of the definition of contributed amounts in section 43 as:

are taxable contributions under subparagraph 274(1)(a)(i), (b)(ii), (ba)(i) or (ba)(iv) or paragraph 274(1)(d) or (e) of the Income Tax Assessment Act; or

are allowed as deductions to the member under section 82AAT of that Act; or

(iii) subject to subsection (2A), constitute amounts accrued after 20 August 1996 that are eligible termination payments under paragraph (a) of the definition of eligible termination payment in subsection 27A(1) of that Act and are rolled-over on or after 1 July 1997; and

(d) any amounts referred to in subparagraph (a)(ii) or (iii) of the definition of contributed amounts in section 43.

if paragraph (b) does not apply—the amount that is the member’s annual salary for the financial year; or

if another amount is taken to be the member’s annual salary for the purposes of the scheme as it applies to the member for the financial year—that other amount.

notional surchargeable contributions factor means the factor applying to the member for the financial year worked out by an eligible actuary in accordance with:

the method set out in Superannuation Contributions Ruling SCR 97/1; or

(b) if the Commissioner approves in writing another method as being appropriate in relation to the member for the financial year, being a method that excludes contributions made by the member for which the member is not entitled to an income tax deduction under the Income Tax Assessment Act or under the Income Tax Assessment Act 1997—the method so approved.

Value of benefits and expenses—1999-2000 financial year or a later financial year

(a) the method set out in the regulations, being a method that excludes Government co-contributions made under the Superannuation (Government Co-contribution for Low Income Earners) Act 2003 and contributions made by the member for which the member is not entitled to an income tax deduction under the Income Tax Assessment Act or under the Income Tax Assessment Act 1997; or

(b) if the Commissioner approves in writing another method as being appropriate in relation to the member for the financial year, being a method that excludes Government co-contributions made under the Superannuation (Government Co-contribution for Low Income Earners) Act 2003 and contributions made by the member for which the member is not entitled to an income tax deduction under the Income Tax Assessment Act or under the Income Tax Assessment Act 1997—the method so approved.

Regulations

an eligible termination payment is made to the member in the financial year from the superannuation fund, approved deposit fund or RSA; and

the eligible termination payment has an excessive component.

there were any contributed amounts in respect of a member for a financial year; and

a lump sum has not been paid, and a pension or annuity has not begun to be paid, to or in respect of the member by the relevant superannuation provider;

a reference in this Act to the holder of the surchargeable contributions of the member for the financial year is a reference to:

if only one superannuation provider holds the contributed amounts referred to in paragraph (a) at the time when an assessment is made of the surcharge payable on the surchargeable contributions of the member for the financial year—that superannuation provider; or

otherwise—each superannuation provider who holds any of those contributed amounts at that time, to the extent to which the surchargeable contributions of the member for the financial year are included in the contributed amounts held by that provider.

What happens if member dies

a superannuation provider would, apart from this subsection, be taken under subsection (2) to be the holder of surchargeable contributions of a member for the financial year; and

the member died in the financial year;

subsection (2) does not apply in relation to the member in respect of the financial year and later financial years.

Where there are contributed amounts and a payment of benefit has been made

that have been paid to a person other than a superannuation provider; or

in respect of which a pension or annuity has begun to be paid;

a reference in this Act to the holder of the surchargeable contributions of the member for the financial year is a reference to the person to whom the amounts were paid or the pension or annuity has begun to be paid, as the case may be.

if the number of cents is less than 50—the amount is to be rounded down to the nearest whole dollar; or

otherwise—the amount is to be rounded up to the nearest whole dollar.

Indexation factor

the contributions have been paid to a person other than a superannuation provider or a pension or annuity based on the contributions has begun to be paid; and

no superannuation provider is liable under subsection (2) to pay the surcharge;

the following paragraphs have effect:

if the surchargeable contributions were paid, or the pension or annuity began to be paid, to the member—the member is liable to pay the surcharge; or

if the surchargeable contributions were paid, or the pension or annuity began to be paid, to a person other than the member—the other person is liable to pay the surcharge; or

otherwise—the surcharge is not payable.

(a) in respect of an interest (the original interest) that a person has as a member:

a payment split applies to a splittable payment; or

an interest in a superannuation fund, an approved deposit fund or an RSA is created for the non-member spouse in relation to the original interest in circumstances prescribed by the regulations; or

an amount is transferred to a superannuation fund, an approved deposit fund or an RSA, in circumstances prescribed by the regulations, for the benefit of the non-member spouse in relation to the original interest; and

an assessment is then made that surcharge is payable on the surchargeable contributions of the member in respect of the original interest;

then:

(c) if a superannuation provider holds those contributions for the member—the provider is taken to be the holder of those contributions and liable to pay the surcharge; or

(d) otherwise—the member is taken to be the holder of those contributions and liable to pay the surcharge.

the member’s name, the address of the member’s place of residence or place of business or employment, the date of the member’s birth and, if given to the provider in connection with the operation or the possible future operation of this Act, the member’s tax file number; and

the particulars referred to in subsection (7); and

any other matters required by the regulations.

Superannuation provider that pays out contributed amounts to the member

the member’s name, the address of the member’s place of residence or place of business or employment, the date of the member’s birth and, if given to the provider in connection with the operation or the possible future operation of this Act, the member’s tax file number; and

the particulars referred to in subsection (7); and

the date of the payment; and

any other matters required by the regulations.

Statements to be given by superannuation provider that transfers contributed amounts to another superannuation provider

if the amounts were or are transferred in the 1996-97 financial year or the 1997-1998 financial year—give the Commissioner, not later than the notification date for the financial year in which the amounts were or are transferred or such later date (if any) as the Commissioner allows, a statement setting out:

the name and address of the other provider; and

the member’s name, the address of the member’s place of residence or place of business or employment, the date of the member’s birth and, if given to the provider in connection with the operation or the possible future operation of this Act, the member’s tax file number; and

the particulars referred to in subsection (7); and

any other matters required by the regulations; or

if the amounts were or are transferred in a later financial year—give the other provider, within 30 days after the day on which the amounts were or are transferred, a statement setting out the particulars referred to in subsection (7) and any other matters required by the regulations.

Statement to be given by superannuation provider to which contributed amounts have been transferred

if the amounts were or are transferred in the 1996-97 financial year or the 1997-98 financial year—not later than the notification date for the financial year in which the amounts were or are transferred; or

if the amounts were or are transferred in a later financial year—within 30 days after the day on which the amounts were or are transferred;

a statement setting out any matters required by the regulations.

Information to be given to member

if the request asked for them to be given in writing—in writing; or

otherwise—in such manner as the superannuation provider considers appropriate.

Offences

if the statement is given by a superannuation (accumulated benefits) provider:

(i) if any of those amounts are amounts referred to in subparagraph (a)(i) of the definition of contributed amounts in section 43—the total of so much of those amounts as are taxable contributions referred to in subparagraph 8(2)(c)(i); and

the total of any of those amounts that are amounts referred to in subparagraph (a)(ii) or (iii) of that definition; and

if the statement is given by a superannuation (defined benefits) provider—the amount of the surchargeable contributions of the member for the financial year.

the name and address of any person who is the holder of surchargeable contributions of the member for a financial year that ends before 1 July 2005; and

any other matters required by the regulations.

calculates the member’s adjusted taxable income; and

if the adjusted taxable income is greater than the surcharge threshold:

calculates the surchargeable contributions; and

calculates the rate of surcharge that applies to the member; and

specifies the amount of the surcharge payable or, if no surcharge is payable, states that a nil amount of surcharge is payable; and

if the adjusted taxable income is equal to or less than the surcharge threshold—states that a nil amount of surcharge is payable.

Commissioner to determine advance instalment in certain cases

the amount of the member’s surchargeable contributions for that financial year; and

the amount of the advance instalment payable in respect of the surcharge on the member’s surchargeable contributions for the next financial year; and

the day by which the instalment is payable.

When surcharge is payable

after the assessment was made the superannuation provider who held the contributions ceased to hold the contributions or began to pay a pension or annuity based on the contributions; and

notice of the assessment was not given to the provider before it ceased to hold the contributions or began to pay the pension or annuity.

Determination taken not to have been made

a member has died, whether before or after the commencement of this subsection; and

after the death an assessment was or is made of surcharge on the member’s surchargeable contributions for the financial year in which the member died or a later financial year;

the assessment is taken not to have been made.

Notice of assessment or determination

give notice of the assessment or determination to the person who is liable to pay the surcharge or instalment, as the case may be, being a notice stating that the person is liable to pay the surcharge or instalment and specifying the day by which it is required to be paid; and

if that person is the superannuation provider—also give notice of the assessment or determination to the member.

No notice if nil amount assessed

determine that a specified superannuation provider, or each of the superannuation providers included in a specified class of superannuation providers, is a self-assessing superannuation provider in respect of a specified financial year or specified financial years; and

determine the date that is the notification date for that financial year, or the dates that are the respective notification dates for those financial years, for that superannuation provider or each of those superannuation providers, as the case may be.

Definition

the superannuation provider is a self-assessing superannuation provider for the financial year; and

the superannuation provider holds contributed amounts in relation to the member for the financial year; and

the superannuation provider does not give a statement to the Commissioner under subsection 13(2) in relation to the member for the financial year on or before 31 October following the financial year or such later date (if any) as the Commissioner allowed under that subsection.

Statement by superannuation provider

prepare a statement in relation to each member that contains the particulars referred to in subsection 13(2); and

calculate the member’s adjusted taxable income for the financial year; and

if the adjusted taxable income is greater than the surcharge threshold:

calculate the surchargeable contributions; and

calculate the rate of surcharge that applies to the member; and

calculate any surcharge payable; and

give the statement to the Commissioner by electronic transmission.

Provider to pay surcharge in respect of 1999-2000 financial year or later financial years

the Commissioner is to apply the amount in reduction of any surcharge that is assessed to be payable on the member’s surchargeable contributions for the financial year; and

if the amount exceeds the surcharge:

the excess is to be applied in reduction of any liability of the provider in respect of the member under this Act; and

any amount remaining is to be paid to the provider.

Offence

if any Treasury bonds with that term were issued on that day—the annual yield on those bonds; or

otherwise—the annual yield on Treasury bonds with that term, as published by the Reserve Bank of Australia for that day.

Payment to be made when benefit becomes payable

a payment split applies to a splittable payment in respect of an interest that a person has as a member; and

the splittable payment becomes payable in circumstances where the member’s surcharge account is in debit;

then the superannuation provider concerned must pay to the Commissioner, within one month after the day the splittable payment became payable, the amount by which the account is in debit (which discharges the provider’s liability for the surcharge).

Surcharge debt may be reduced

credit the payment to the surcharge debt account; and

acknowledge receipt of the payment to the member; and

advise the member of the revised balance of the surcharge debt account.

the Commissioner is to apply the advance instalment to reduce the surcharge payable; and

if the instalment exceeds the surcharge:

the excess is to be applied in reduction of any liability of the holder of the contributions under this Act; and

any amount remaining is to be paid to the holder of the contributions.

Repayment of advance instalment if no surcharge

the advance instalment is to be applied in reduction of any liability of the holder of the contributions under this Act; and

any amount remaining is to be paid to the holder of the contributions.

an assessment has been amended in any particular in a way that effected a reduction in the amount of surcharge payable; and

for the purposes of making the amendment, the Commissioner accepted a statement made by or on behalf of a member or a superannuation provider;

the Commissioner may, within 4 years from the date of service of the notice of the amended assessment, further amend the assessment in, or in respect of, that particular in a way that increases the amount of the surcharge payable to the extent that the Commissioner considers necessary.

Period where avoidance of surcharge

if the Commissioner is of the opinion that the avoidance of surcharge is due to fraud or evasion—at any time; or

in any other case—within 4 years from the date upon which the surcharge became due and payable under the assessment;

amend the assessment by making such alterations or additions as the Commissioner thinks necessary to correct the assessment.

Period where amendment reduces surcharge

the Commissioner has begun an examination of the affairs of a member or a superannuation provider; and

the examination was not completed within the period within which the Commissioner may amend an assessment to which the examination relates under subsection (3) or, if that period has been extended by any previous order or orders of the Federal Court of Australia made under subsection (6), or by any previous consent or consents of the member or provider given under subsection (7), within that period as so extended;

the Commissioner may, before the end of the period referred to in paragraph (b) of this subsection, apply to the Federal Court for an order extending, or request the member or provider to consent to the extension of, the period within which the Commissioner may amend the assessment under paragraph (3)(b).

Court may extend period

an application for an amendment of an assessment is made by a member or superannuation provider within 4 years from the date upon which surcharge became due and payable under the assessment; and

the member or provider has given to the Commissioner within that period all information needed by the Commissioner for the purpose of deciding the application;

the Commissioner may amend the assessment when he or she decides the application even though that period has elapsed.

How application for amendment is to be made

the amendment of an assessment in order to give effect to the decision upon any appeal or review; or

the amendment of an assessment by way of reduction in the amount of surcharge payable pursuant to an objection made against the assessment or pending any appeal or review; or

the amendment of an assessment under section 18.

an assessment of surcharge on the surchargeable contributions of a member for a financial year has been made; and

the member did not, before the assessment was made, quote his or her tax file number to the relevant superannuation provider in connection with the operation or the possible future operation of this Act and the Commissioner did not know the tax file number when the assessment was made; and

the assessed amount was more than it would have been if the member had quoted the tax file number to the provider; and

after the assessment was made:

the member quoted the tax file number to the provider in connection with the operation or the possible future operation of this Act and the provider informed the Commissioner of the tax file number; or

the Commissioner found out the tax file number.

Amendment of assessment

after the making of an assessment of surcharge on a member’s surchargeable contributions for a financial year:

the member’s adjusted taxable income for the financial year is increased or reduced and the increase or reduction affects a person’s liability to pay the surcharge; or

the amount of the contributions is greater or less than the amount that was taken to be the amount of the contributions for the purposes of the assessment; or

the Commissioner is required or permitted under any other provision of this Act to amend the assessment; and

the person who was the holder of the surchargeable contributions when the assessment was made is still the holder of the surchargeable contributions.

Additional application

(a) under an assessment of surcharge on a member’s surchargeable contributions for a financial year, the rate of surcharge that applies to the member on particular surchargeable contributions for the financial year was assessed to be nil because paragraph 5(3)(e) of the Superannuation Contributions Tax Imposition Act 1997 applied to the member; and

the rate of surcharge that applies to the member on these contributions for that financial year is afterwards determined to be greater than nil; and

the person who was the holder of the surchargeable contributions when the assessment was made is still the holder of the surchargeable contributions.

Commissioner may amend assessment

the amount by which the surcharge is reduced is taken never to have been payable; and

the Commissioner must:

refund the amount of any surcharge overpaid; or

apply that amount against any liability of the holder of the surchargeable contributions to the Commonwealth under this Act, and refund to the holder any part of that amount not so applied.

Section subject to section 17A

(a) after the making of an assessment of surcharge (the previous assessment) on a member’s surchargeable contributions for a financial year:

the member’s adjusted taxable income for the financial year is increased or reduced and the increase or reduction affects a person’s liability to pay the surcharge; or

the amount of the contributions is greater or less than the amount that was taken to be the amount of the contributions for the purposes of the previous assessment; and

the person who was the holder of the surchargeable contributions when the previous assessment was made is no longer the holder of the surchargeable contributions.

Additional application

(a) under an assessment of surcharge (the previous assessment) on a member’s surchargeable contributions for a financial year, the rate of surcharge that applies to the member on particular surchargeable contributions for that financial year was assessed to be nil because paragraph 5(3)(e) of the Superannuation Contributions Tax Imposition Act 1997 applied to the member; and

the rate of surcharge that applies to the member on those contributions for that financial year is afterwards determined to be greater than nil; and

the person who was the holder of the surchargeable contributions when the previous assessment was made is no longer the holder of the surchargeable contributions.

Further assessment

no amount of surcharge is to be assessed as payable under the new assessment; and

the difference is to be applied in reduction of any liability of the holder of the surchargeable contributions under this Act; and

any amount remaining is to be paid to the holder of the surchargeable contributions.

New assessment not to be made in certain circumstances

started at the beginning of 15 June in the financial year; and

finishes at the end of the day before the amended assessment is made.

Amendment of nil assessment

the Commissioner has calculated that no surcharge is payable by a person on a member’s surchargeable contributions for a financial year; and

the Commissioner afterwards makes an assessment of surcharge payable by the person on those contributions for the financial year;

the assessment referred to in paragraph (b) is taken to be an amended assessment.

the Commissioner knows a member’s tax file number; and

the Commissioner:

has amended, or proposes to amend, an assessment of surcharge payable on the member’s surchargeable contributions for a financial year; or

has made, or proposes to make, an assessment, under section 15 as it applies because of section 20, of surcharge payable on the member’s surchargeable contributions for a financial year;

the Commissioner may:

request the member to authorise the Commissioner to inform the superannuation provider who is the holder of the contributions of the member’s tax file number; and

if the member so authorises the Commissioner, inform the provider accordingly.

an assessment of surcharge on a member’s surchargeable contributions is made; and

the member, or a superannuation provider who is the holder of the contributions, is dissatisfied with the assessment;

the member or provider may object against the assessment in the way set out in Taxation Administration Act 1953.Part IVC of the

Superannuation provider may object against class of assessments

the latest assessment of the member’s taxable income under the Income Tax Assessment Act; and

the latest statement of the member’s surchargeable contributions given to the Commissioner by the superannuation provider.

started at the beginning of the day by which the surcharge or advance instalment was due to be paid; and

finishes at the end of the last day on which, at the end of the day, any of the following remains unpaid:

the surcharge;

the advance instalment;

general interest charge on any of the surcharge or the advance instalment.

Commissioner’s right to sue not affected

started at the beginning of the day specified in the notice; and

finishes at the end of the last day on which, at the end of the day, any of the following remains unpaid:

primary general interest charge;

general interest charge on primary general interest charge.

particulars of the alleged contravention; and

the prescribed penalty for the contravention and the person to whom, the place at which, and the manner in which, the penalty may be paid; and

the date of the notice and a statement that the penalty may be paid within 14 days after that date;

and may contain any other particulars that the Commissioner thinks necessary.

Notification that person may pay prescribed penalty

a contravention notice has been served on a superannuation provider; and

before the end of the period of 14 days stated in the notice or, if the Commissioner so allows, at any time before service of a summons in respect of the contravention, the amount of the prescribed penalty is paid in accordance with the notice; and

a statement, signed by the provider, to the effect that the provider does not wish the matter to be dealt with by a court, is received by the person to whom the amount of the penalty is paid; and

the contravention that resulted in the service of the contravention notice has ceased;

the following provisions have effect:

any liability of the provider in respect of the contravention is taken to be discharged;

no further proceedings are to be taken in respect of the contravention;

no conviction for the contravention is taken to have been recorded.

Payment by cheque

in writing in the English language or so as to enable the records to be readily accessible and convertible into writing in the English language; and

so that the provider’s liability under this Act can be readily worked out.

Period for retention of records

the Commissioner has notified the provider that the retention of the records is not required; or

the provider is a company that has gone into liquidation and been finally dissolved.

Offences

required or permitted by this Act to be prescribed; or

necessary or convenient to be prescribed for carrying out or giving effect to this Act;

and, in particular, prescribing:

how statements are to be given to the Commissioner; and

penalties, not exceeding a fine of 5 penalty units, for offences against the regulations.

inserting a provision in the ruling;

omitting a provision from the ruling;

altering a provision in the ruling.