Statutory Rules 1993   No. 1831

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Superannuation (Productivity Benefit) 1993-1994 Continuing Contributions Declaration

I, ralph willis, Minister for Finance, make the following Declaration under section 3d of the Superannuation (Productivity Benefit) Act 1988.

 Dated 25 June 1993.

 

 

RALPH WILLIS

Minister for Finance

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Citation

 1. This Declaration may be cited as Superannuation (Productivity Benefit) 1993-1994 Continuing Contributions Declaration.

[NOTE:  This Declaration commences on gazettal: see Acts Interpretation Act 1901, ss. 46a and 48.]


Substitution of amounts

 2. For the purposes of section 3d of the Superannuation (Productivity Benefit) Act 1988, the Table in the Schedule to that Act is to have effect, in relation to the period commencing on 1 July 1993 and ending on 30 June 1994, as if the amounts set out in the following Table were substituted for the amounts set out in the Table in that Schedule:

TABLE

                                                                                                              

Less than $270.60

$13.53

$270.60 or more but less than $1538.47

The amount that is 5% of the employee’s pay period rate of salary

$1538.47 or more

$76.92

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NOTE

1. Notified in the Commonwealth of Australia Gazette on  30 June  1993.