Federal Register of Legislation - Australian Government

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Declarations/Superannuation as made
This Declaration amends the Table in section 110C of the Superannuation Act 1976.
Administered by: Finance
Exempt from sunsetting by the Legislation (Exemptions and Other Matters) Regulation 2015 s11 item 06
Registered 27 Jun 2006
Tabling HistoryDate
Tabled HR08-Aug-2006
Tabled Senate08-Aug-2006

 

 

 

 

 

 

Superannuation (CSS)

Productivity Contribution

(2006-2007) Declaration 2006

 

Select Legislative Instrument 2006 No.

 


I,  MATTHEW ARTHUR CASTLE, Manager of Australian Public Service Defined Benefit Schemes Administration Section, Commonwealth Superannuation Administration, make the following Declaration under section 110D of the Superannuation Act 1976.

 

Dated          14 June 2006

 

 

 

 

 

Matthew Castle

 

Delegate of the CSS Board


1          Name of Declaration

 


This Declaration is the Superannuation (CSS) Productivity Contribution (2006-2007) Declaration 2006.

 

 

2          Commencement

 

          This Declaration shall take effect from and including 1 July 2006.

 

 

3          Productivity Contributions

 

For section 110D of the Superannuation Act 1976, the table in subsection 110C(1) of that Act has effect, for the financial year starting on 1 July 2006, as if the amounts specified in the following table were substituted for the amounts specified in that table:

 

 

Table

 

Fortnightly rate of salary                          Fortnightly productivity

                                                                        contribution

 

 


Less than $1 540                                              $46.20

 

$1 540 or more, but less                                   The amount that is 3% of the

than $2 481.33                                                 employee’s fortnightly rate of

                                                                        salary

 

$2 481.33 or more, but less                              $74.44

than $3 722

 

$3 722 or more                                                The amount that is 2% of the

                                                                        employee’s fortnightly rate of

                                                                        salary