Additional superannuation contributions
12G Additional superannuation contributions
In this regulation —
additional superannuation contributions, for a worker, means superannuation contributions made by an Employer in excess of the section 4B contributions and section 4C contributions required for the worker;
commencement day means the day on which the State Superannuation Amendment Regulations 2014 regulation 4 comes into operation;
term, of a contract of employment in force immediately before the commencement day, means the term of the contract of employment on that day.
With the prior written approval of the Treasurer, an Employer may make additional superannuation contributions for a worker.
Despite subregulation (2), but subject to any instruction issued by the Treasurer under the Financial Management Act 2006 section 78, an Employer may make additional superannuation contributions for a worker if they —
are made for the purpose of remedying the underpayment of contributions during a previous contribution period; or
are required under a salary sacrifice agreement; or
are required under, and during the term of, a contract of employment that was in force immediately before the commencement day; or
are required under these regulations.
The Board may accept any additional superannuation contributions made under subregulation (2) or (3) that are offered to the Fund.
[Regulation 12G inserted: Gazette 10 Jun 2014 p. 1805-6.]
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