1Superannuation Guarantee (Administration) (Charge Percentage) Regulations

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Statutory Rules 1992 No. 288 1

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Superannuation Guarantee (Administration) (Charge Percentage) Regulations

I, The Governor-General of the Commonwealth of Australia, acting with the advice of the Federal Executive Council and under section 4 of the Acts Interpretation Act 1901, make the following Regulations under the Superannuation Guarantee (Administration) Act 1992.

Dated 1 September 1992.

Governor-General

By His Excellency’s Command,

JOHN DAWKINS

Treasurer

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Citation

1. These Regulations may be cited as the Superannuation Guarantee (Administration) (Charge Percentage) Regulations.

[NOTE : These Regulations commence on gazettal: see Acts Interpretation Act 1901, s. 48]

Interpretation

2. In these Regulations, “the Act” means the Superannuation Guarantee (Administration) Act 1992.

Charge percentage for certain employers

3. For the purposes of paragraph 20 (4) (a) of the Act, a charge percentage of 5 is prescribed for the contribution period commencing on 1 January 1993 in relation to an employer whose annual national payroll for the base year exceeded $1,000,000.

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NOTE

Note: 1. Notified in the Commonwealth of Australia Gazette on 8 September 1992.