When may a person elect to salary sacrifice?
17 When may a person elect to salary sacrifice?
A person who is or will be a senator, or who is a member of the House of Representatives, may make an election as described in section 18 if, and only if:
the election is made during a new scheme contribution period of the person; or
the election is made before the start of a new scheme contribution period of the person and at a time when:
the person has been elected to the Senate, but base salary as a senator is not yet payable to the person; or
the person has been chosen or appointed to hold the place of a senator in accordance with section 15 of the Constitution, but base salary as a senator is not yet payable to the person.
This Act’s bill:Explanatory memorandumSecond reading speech
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