24Simplified outline

#### 24 Simplified outline The following is a simplified outline of this Part: • A person may make a payment to the Commissioner of Taxation under section 25 in respect of an individual. The payment is called a deposit. • The deposit must be accompanied by a deposit form. • The deposit form must include certain declarations. • The 2 key declarations are: (a) that the depositor is the employer, or former employer, of the individual; and (b) that the depositor is making the deposit instead of making a superannuation contribution in respect of the individual. • A defect in the deposit form will not result in the invalidity of the deposit. • A deposit form may deal with multiple payments. • Deposits are not held on trust.