NASFUND CEO, Ian Tarutia, says the review of the legislation is timely as calls for tax on super become prominent.
Tarutia says tax on superannuation will be on aspect of the legislations, which will be forwarded to the task force to be headed by the Bank of PNG in conjunction with the Department of Treasury.
He believes tax on superannuation should be repealed.
“We’ve been calling for a review on our current legislation for a number of years now and we believe that this year is timely,” Tarutia reiterated.