7Employer reserves

#### 7 Employer reserves 7 Employer reserves > > (1) Whenever an employer makes or has made a contribution to the Fund in respect of a contribution period beginning on or after 1 July 1988, STC must ensure that the contribution is credited to the appropriate employer reserve. > > > (1A) STC must ensure that there is credited to the appropriate employer reserve any fees paid to STC arising under the family law superannuation legislation or Part 4A. > > > (2) STC must ensure that there is debited to the appropriate employer reserve— > > > > > (a) the portion of any benefit payable to or in respect of a contributor in accordance with section 33B (2) (b), and > > > > > (b) administration costs incurred by STC under the [Superannuation Administration Act 1996](/view/html/inforce/current/act-1996-039) or the family law superannuation legislation or Part 4A in relation to— > > > > > > > (i) the employer (or an employer to whom the reserve relates), and > > > > > > > (ii) contributors who are employees of that employer, and > > > > > (c) the amounts of tax (if any) that may become payable under a Commonwealth taxation law in respect of contributions to the reserve that are attributable to the employer or an employer to whom the reserve relates, and > > > > > (c1) the portion of any amount under the family law superannuation legislation or Part 4A that is payable to or in respect of a non-contributor spouse from the employer reserve in accordance with section 33B (2A), and > > > > > (d) any other amounts that are properly payable from the reserve. > > **s 7:** Subst 1988 No 133, Sch 1 (2). Am 1991 No 96, Sch 6; 1996 No 39, Sch 4; 1999 No 86, Sch 2.6 \[2\]; 2003 No 77, Sch 12 \[7\]–\[9\].