Statutory Rules 1992 No. 397 1
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Superannuation (Salary) Regulations2 (Amendment)
I, The Governor-General of the Commonwealth of Australia, acting with the advice of the Federal Executive Council, make the following Regulations under the Superannuation Act 1976.
Dated 9 December 1992.
BILL HAYDEN
Governor-General
By His Excellency’s Command,
RALPH WILLIS
Minister of State for Finance
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1. Amendment
1.1 The Superannuation (Salary) Regulations are amended as set out in these Regulations.
[NOTE: These Regulations commence on gazettal: see Acts Interpretation Act 1901, s.48.]
2. Regulation 6 (Payment of allowance of a prescribed kind on a regular basis)
2.1 Subregulation 6 (1):
Omit “shall not, for the purposes of paragraph 5 (l), be taken to be payable to an eligible employee on a regular basis unless”, substitute “is taken, for the purposes of paragraph 5 (l) or 8QA (1) (b), to be payable to an eligible employee on a regular basis only if”.
3. Regulation 8Q (Executive employees—flexible remuneration packages)
3.1 Subregulation 8Q (1):
Omit “applies”, substitute “applies, subject to regulation 8QA,”.
4 New regulation 8QA
4.1 After regulation 8Q, insert in Part 2E:
Higher duties allowances
“8QA. (1) For the purposes of subregulation 8Q (2), the total yearly value of the remuneration of an eligible employee on a particular day is taken to include an allowance (however described) at the annual rate that applies under subregulation (3), if the allowance:
(a) is payable on that day to the eligible employee because he or she is temporarily performing the whole or part of the duties of an office that has a higher classification than the office that the person occupies; and
(b) is payable to the eligible employee on a regular basis (within the meaning of regulation 6).
“(2) For the purposes of paragraphs 8 (1) (b) and (1) (b) of this regulation, an allowance that satisfies the criterion stated in paragraph (1) (a) is taken to be an allowance of a prescribed kind within the meaning of Part 2.
“(3) The annual rate of allowance that applies on a particular day for the purposes of subregulation (1) is the lowest annual rate at which an allowance of a kind referred to in paragraph (1) (a) was payable to the eligible employee during:
(a) if paragraph (b) does not apply—the period of 12 months that ended at the end of the day immediately preceding that particular day; or
(b) if the eligible employee has performed:
(i) the duties performed by him or her on that particular day; or
(ii) duties of an office that has a higher classification than the office that the person occupies;
for a lesser continuous period that ended at the end of the day immediately preceding that particular day–that period.”.
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NOTES
1. Notified in the Commonwealth of Australia Gazette on 16 December 1992.
2. Statutory Rules 1978 No. 282 as amended by year 1981 No. 5; 1985 Nos. 204 and 326; 1986 Nos. 43 and 49; 1987 No. 70; 1988 Nos. 171 , 231, 250 and 350; 1989 No. 77; 1990 No. 128; 1991 Nos. 167, 312 and 466; 1992 Nos. 169, 219, 266 and 290.