20Government co‑contributions and superannuation guarantee shortfalls

20 Government co‑contributions and superannuation guarantee shortfalls

CSC must pay a contribution into the ADF Super Fund if: (a) the contribution is a payment made by the Commissioner of Taxation as: (i) a Government co‑contribution under the Superannuation (Government Co‑contribution for Low Income Earners) Act 2003 in respect of a person; or (ii) a payment of an amount of shortfall component under Part 8 of the Superannuation Guarantee (Administration) Act 1992 in respect of an employee; and (b) the contribution is paid to CSC by the Commissioner while the person or employee is: (i) a serving ADF Super member (whether or not the payment relates to a period when the person or employee was a serving ADF Super member); or (ii) an ADF Super member who is a former long‑term ADF member (whether or not the payment relates to a period when the person or employee was a former long‑term ADF member); and (c) the contribution is paid to CSC in a way determined by CSC under section 21.

Note: CSC must not pay the contribution into the ADF Super Fund if it would be contrary to the SIS Act or jeopardise ADF Super’s status as a complying superannuation fund: see subsection 8(2).