Superannuation (Productivity Benefit) (2009-2010 Continuing Contributions) Declaration 20091

I, LINDSAY TANNER, Minister for Finance and Deregulation, make the following Declaration under section 3D of the Superannuation (Productivity Benefit) Act 1988.

Dated June 23rd 2009

LINDSAY TANNER

Minister for Finance and Deregulation

 

 

1 Name of Declaration

  This Declaration is the Superannuation (Productivity Benefit) (2009-2010 Continuing Contributions) Declaration 2009.

2 Commencement

  This Declaration commences on 1 July 2009.

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 2009, 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 $3,090.00

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

$3,090.00 or more

$278.10

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.