Superannuation (Productivity Benefit) (2007–2008 Continuing Contributions) Declaration 20071

I, niCK minchin, Minister for Finance and Administration, make the following Declaration under section 3D of the Superannuation (Productivity Benefit) Act 1988.

Dated 21 June 2007

NICK MINCHIN

Minister for Finance and Administration

 

 

1 Name of Declaration

  This Declaration is the Superannuation (Productivity Benefit) (2007-2008 Continuing Contributions) Declaration 2007.

2 Commencement

  This Declaration commences on the day after it is registered.

3 Substitution of amounts

  For section 3D of the Superannuation (Productivity Benefit) Act 1988, the Table in the Schedule to that Act has effect, for the financial year commencing on 1 July 2007, as if the amounts specified in the following Table were substituted for the amounts specified in the Table in that Schedule (whether sums of money or percentages):

Table

Pay period rate of salary

Pay period contribution

Less than $150.33

$13.53

$150.33 or more but less than $ 2,805.38

The amount that is 9% of the employee’s pay period rate of salary

$ 2,805.38

$252.48

Note

1. All legislative instruments and compilations are registered on the Federal Register of Legislative Instruments kept under the Legislative Instruments Act 2003. See www.frli.gov.au.