Superannuation (Productivity Benefit) (2001–2002 Continuing Contributions) Declaration 2001
I, john joseph fahey, Minister for Finance and Administration, make the following Declaration under section 3D of the Superannuation (Productivity Benefit) Act 1988.
Dated 24 June 2001
john fahey
1 Name of Declaration
This Declaration is the Superannuation (Productivity Benefit) (2001–2002 Continuing Contributions) Declaration 2001.
2 Commencement
This Declaration commences on gazettal.
For section 3D of the Superannuation (Productivity Benefit) Act 1988, the table in the Schedule to that Act is to have effect, for the financial year starting on 1 July 2001, as if the amounts set out in the following table were substituted for the amounts set out in the table in that Schedule:
Table
Pay period rate of salary | Pay period contribution |
Less than $169.13 | $13.53 |
$169.13 or more but less than $2,116.15 | The amount that is 8% of the employee’s pay period rate of salary |
$2,116.15 or more | $169.29 |
Note
1. Notified in the Commonwealth of Australia Gazette on 29 June 2001.