s 42
In forceRegulations
Part 6Miscellaneous
42 Regulations
(1)
The Governor‑General may make regulations prescribing matters:
(a)
required or permitted by this Act to be prescribed; or
(b)
necessary or convenient to be prescribed for carrying out or giving effect to this Act;
and, in particular, prescribing:
(c)
how statements are to be given to the Commissioner; and
(d)
penalties, not exceeding a fine of 5 penalty units, for offences against the regulations.
(2)
The regulations may modify Superannuation Contributions Ruling SCR 97/1 by doing any one or more of the following:
(a)
inserting a provision in the ruling;
(b)
omitting a provision from the ruling;
(c)
altering a provision in the ruling.
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