Superannuation contributions
15E Superannuation contributions
(1) The Territory must, in respect of each quarter in a year, make a contribution for the benefit of the Solicitor-General to a complying superannuation fund, complying superannuation scheme or an RSA that is equal to the minimum amount necessary to avoid an individual superannuation guarantee shortfall within the meaning of the Superannuation Guarantee (Administration) Act 1992 (Cth).
(2) The contributions must be made in compliance with the choice of fund requirements in Part 3A of the Superannuation Guarantee (Administration) Act 1992 (Cth).
In this section:
complying superannuation fund, see section 7 of the Superannuation Guarantee (Administration) Act 1992 (Cth).
complying superannuation scheme, see section 7 of the Superannuation Guarantee (Administration) Act 1992 (Cth).
quarter means a period of 3 months beginning on 1 January, 1 April, 1 July or 1 October.
RSA, see section 8 of the Retirement Savings Accounts Act 1997 (Cth).
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