Superannuation Act 1976

Subject to subsection (3), a designated employer of a productivity employee is to pay to CSC:

productivity contributions in respect of the employee in respect of each fortnight occurring during the employee’s employment by the employer; and

where a productivity contribution is not paid on the day on which it is payable under subsection (2A)—interest on it in respect of the period commencing on that day and ending on the day immediately before the day when it is paid.

A productivity contribution in respect of a productivity employee is not payable in respect of a fortnight unless:

a basic contribution is payable by the employee for the fortnight; or

if paragraph (a) does not apply:

the productivity contribution is required to be paid in respect of the employee by an industrial award; or

a basic contribution would be payable by the employee for the fortnight if the employee’s tax file number had been quoted (for superannuation purposes), within the meaning of the Income Tax Assessment Act 1997, to CSC.

If a basic contribution is payable by a productivity employee for a fortnight, the productivity contribution in respect of the employee for the fortnight is payable on the contribution day on which the basic contribution is payable.

If subparagraph (2)(b)(ii) applies, the productivity contribution in respect of the employee for the fortnight is payable on the contribution day on which the basic contribution would have been payable if the employee’s tax file number had been quoted (for superannuation purposes), within the meaning of the Income Tax Assessment Act 1997, to CSC.

Where CSC is satisfied that:

a productivity employee is to be, or was, a member of a superannuation scheme during a period; and

the scheme provides for a productivity related benefit in respect of the employee;