15Contributions by employer under Part 2 of Schedule 1 (Local government and other authorities)

#### 15 Contributions by employer under Part 2 of Schedule 1 (Local government and other authorities) 15 Contributions by employer under Part 2 of Schedule 1 (Local government and other authorities) > > (1) If an employee is employed by an employer specified in Part 2 of Schedule 1, the employer must pay to a fund managed by STC contributions at a rate determined by STC. > > > (2) The rate is to be determined by STC with the concurrence of the Treasurer and after obtaining actuarial advice. > > > (3) In determining the contributions payable by an employer specified in Part 2 of Schedule 1, STC is to have regard to the amount required to meet the full costs of the liabilities under this Act of all employers specified in Part 2 of Schedule 1. > > > (4) STC may, with the concurrence of the Treasurer, require any such employer to pay into the fund additional contributions for a specified period if it appears to STC that there is insufficient money in the reserve for employers specified in Part 2 of Schedule 1 to meet the employers’ liabilities under this Act. > > **s 15:** Subst 1993 No 111, Sch 4 (6). Am 1996 No 39, Sch 4.