Superannuation (Productivity Benefit) 1994-1995 Continuing Contributions Declaration

This Declaration may be cited as Superannuation (Productivity Benefit) 1994-1995 Continuing Contributions Declaration.

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

Substitution of amounts

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 1994 and ending at the end of 30 June 1995, 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 $1598.46

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

$1598.46 or more

$79.92

NOTE

Notified in the Commonwealth of Australia Gazette on 30 June 1994.