NSWIn ForceAct
Superannuation Act 1916
104Definitions
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#### 104 Definitions
104 Definitions
> > (1) In this Part—
> >
> > conversion ratio, in relation to a foreign currency, means—
> >
> > > (a) in the case of sterling—the ratio of 1 pound sterling to 2 Australian dollars, or
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> > > (b) in the case of Japanese currency—the ratio of 400 Japanese yen to 1 Australian dollar.
> >
> > foreign contributor means a contributor who—
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> > > (a) was recruited in a country other than Australia and is employed in such a country, and
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> > > (b) is paid a salary at a rate expressed in a currency other than Australian currency.
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> > foreign currency in relation to a foreign contributor means the currency in which the foreign contributor’s rate of salary is expressed.
>
> > (2) A reference in this Part—
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> > > (a) to a foreign contributor shall be construed as including a reference to a former foreign contributor, and
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> > > (b) to an employer of a foreign contributor shall be construed as including a reference to the person who was the employer of the former foreign contributor.
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> **s 104:** Ins 1980 No 50, Sch 5 (2). Am 1991 No 94, Sch 1.