Employer contributions, payment of
30 Employer contributions, payment of
As soon as practicable after an Employer’s contribution day the Board is to notify the Employer of the amount (if any) it is required to contribute under regulation 29 in respect of the period since the Employer’s last contribution day.
An Employer must pay the amount notified under subregulation (1) within 7 days of receiving the notice.
The Treasurer may, by notice to the Employer, allow an Employer to defer payment of employer contributions on terms determined by the Treasurer and set out in the notice.
Section 43(7) and (8) of the Interpretation Act 1984 apply to a notice under subregulation (3) as if it were subsidiary legislation.
The Treasurer is to give to the Board a copy of a notice given under subregulation (3).
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