Coronavirus (COVID-19) updates from the Australian Government

Penalties for Promoters of Illegal Early Release Schemes

This consultation process has now been completed. Submissions available
Date
-
Consultation Type
Exposure Draft

Key Documents

The Government has released for public consultation an exposure draft of legislation introducing penalties for promoters of illegal early release and the accompanying explanatory material.

This measure will implement one of the Government's Stronger Super reforms and deter promoters of illegal early release schemes from undermining the Government’s retirement policy and harming members in the process.

Submissions

4 submissions were received for this consultation.

AIST - pdf 221.87 KB
ASFA - pdf 43.34 KB
SPAA - pdf 322.44 KB