SUPERANNUATION BENEFIT (INTERIM ARRANGEMENT) (ANNUAL RATE OF CONTRIBUTION) REGULATIONS
Compilation Information
Superannuation Benefit (Interim Arrangement) (Annual Rate of Contribution) Regulations
Statutory Rules 1988 No. 351 as amended
made under the
Superannuation (Productivity Benefit) Act 1988
This compilation was prepared on 5 July 2004
taking into account amendments up to SR 1989 No. 378
Prepared by the Office of Legislative Drafting,
Attorney-General's Department, Canberra
SUPERANNUATION BENEFIT (INTERIM ARRANGEMENT) (ANNUAL RATE OF CONTRIBUTION) REGULATIONS
- REG 1
Commencement
These Regulations commence on 1 January 1989.
SUPERANNUATION BENEFIT (INTERIM ARRANGEMENT) (ANNUAL RATE OF CONTRIBUTION) REGULATIONS
- REG 2
Citation [see Note 1]
These Regulations may be cited as the Superannuation Benefit (Interim Arrangement) (Annual Rate of Contribution) Regulations.
SUPERANNUATION BENEFIT (INTERIM ARRANGEMENT) (ANNUAL RATE OF CONTRIBUTION) REGULATIONS
- REG 3
Interpretation
In these Regulations, unless the contrary intention appears:
the Act means the Superannuation Benefit (Interim Arrangement) Act 1988. SUPERANNUATION BENEFIT (INTERIM ARRANGEMENT) (ANNUAL RATE OF CONTRIBUTION) REGULATIONS
- REG 4
Annual rate of contribution
- (1)
- For the purposes of paragraph (b) of the definition of annual rate of contribution in subsection 3 (1) of the Act, the amount prescribed for the year commencing on 1 January 1989 is:
- (a)
- if the employee's annual rate of salary is less than $20,801 — $624;
- (b)
- if the employee's annual rate of salary is $20,801 or more but less than $32,500 — 3% of the person's annual rate of salary;
- (c)
- if the employee's annual rate of salary is $32,500 or more but less than $48,751 — $975; or
- (d)
- if the employee's annual rate of salary is $48,751 or more — 2% of the person's annual rate of salary.
- (2)
- For the purposes of paragraph (b) of the definition of annual rate of contribution in subsection 3 (1) of the Act, the amount prescribed for the year commencing on 1 January 1990 is:
- (a)
- if the employee's annual rate of salary is less than $22,013 — $660; or
- (b)
- if the employee's annual rate of salary is $22,013 or more but less than $33,800 — 3% of the employee's annual rate of salary; or
- (c)
- if the employee's annual rate of salary is $33,800 or more but less than $50,700 — $1,015; or
- (d)
- if the employee's annual rate of salary is $50,700 or more — 2% of the employee's annual rate of salary.
SUPERANNUATION BENEFIT (INTERIM ARRANGEMENT) (ANNUAL RATE OF CONTRIBUTION) REGULATIONS
Notes to the Superannuation Benefit (Interim Arrangement) (Annual Rate of Contribution) Regulations
Note 1
The Superannuation Benefit (Interim Arrangement) (Annual Rate of Contribution) Regulations (in force under the Superannuation (Productivity Benefit) Act 1988) as shown in this compilation comprise Statutory Rules 1988 No. 351 amended as indicated in the Tables below.
Table of Statutory Rules
Year and
number
| Date of notification
in Gazette
| Date of
commencement
| Application, saving or
transitional provisions
|
1988 No. 351
| 21 Dec 1988
| 1 Jan 1989
|
|
1989 No. 378
| 21 Dec 1989
| 1 Jan 1990
| —
|
Table of Amendments
ad. = added or inserted am. = amended rep. = repealed rs. = repealed and substituted
|
Provision affected
| How affected
|
R. 4
| am. 1989 No. 378
|