Section 1 - Superannuation (Productivity Benefit) 1995-96 Continuing Contributions Declaration - Superannuation (Productivity Benefit) 1995-96 Continuing Contributions Declaration

Image unavailable in extracted text

Statutory Rules 1995 No. 1741

__________________

Superannuation (Productivity Benefit) 1995-96 Continuing Contributions Declaration

I, KIM CHRISTIAN BEAZLEY, Minister for Finance, make the following Declaration under section 3D of the Superannuation (Productivity Benefit) Act 1988.

Dated 21 June 1995.

KIM C. BEAZLEY

Minister for Finance

____________

Citation

This Declaration may be cited as the Superannuation (Productivity Benefit) 1995-96 Continuing Contributions Declaration.

Note: [NOTE: This Declaration commences on gazettal: see Acts Interpretation Act 1901, ss. 46A and 48.]

Substitution of amounts

For the purposes of section 3d of the Superannuation (Productivity Benefit) Act 1988, the Table in the Schedule to that Act is to have effect, in relation to the financial year commencing on 1 July 1995, as if the amounts set out in the following Table were substituted for the amounts set out in the Table in that Schedule:

TABLE

Less than $225.50	$13.53
$225.50 or more but less than $1,670.76	The amount that is 6% of the employee’s pay period rate of salary
$1,670.76 or more	$100.25

_______________________________________________________

NOTE

Note: 1. Notified in the Commonwealth of Australia Gazette on 30 June 1995.

1Superannuation (Productivity Benefit) 1995-96 Continuing Contributions Declaration

Get a plain-English read of 1