Superannuation Act 1986

The Commissioner must establish and maintain for the purposes of section 16 of the Surcharge Collection Act a surcharge debt account for each eligible employee or former eligible employee in relation to whom superannuation contributions surcharge is paid or payable by the

Commissioner.

The Commissioner must debit to the surcharge debt account of an eligible employee or former eligible employee:

superannuation contributions surcharge paid or payable by the

Commissioner in respect of the employee; and

interest paid or payable under the Surcharge Collection Act on the amount by which the account is in debit.

The Commissioner must credit to the surcharge debt account of an eligible employee or former eligible employee an amount paid under section 28B by the employee.