31APayments to cover superannuation contributions surcharge

31A Payments to cover superannuation contributions surcharge

31A Payments to cover superannuation contributions surcharge

(1) A member may at any time lodge with the trustees an election to pay amounts to the Fund in respect of the superannuation contributions surcharge payable in respect of the member.

(2) Payments may be made on a periodic or a single payment basis.

(3) An election is to specify the amounts to be paid and the manner in which the payments are to be made.

(4) A member may, at any time, lodge with the trustees an election to vary or revoke an election under this section.

(5) An election under this section is to be in a form approved by the trustees for the purposes of this section.

(6) An election under this section remains in force until a subsequent election takes effect.

s 31A: Ins 1997 No 149, Sch 1.2 [17].