Federal Register of Legislation
Statutory Rules 1992 No. 2001 __________________
Superannuation (CSS) Productivity Contribution Declaration No. 2
I, RALPH WILLIS, Minister of State for Finance, make the following Declaration under section 110D of the Superannuation Act 1976.
Dated 19th June 1992.
RALPH WILLIS Minister of State for Finance
____________
Citation
1. This Declaration may be cited as the Superannuation (CSS) Productivity Contribution Declaration No. 2.
Productivity contributions
2. In relation to the period commencing on 1 July 1992, the Table in subsection 110C (1) of the Superannuation Act 1976 is to have effect as if the amounts specified in the following Schedule were substituted for the amounts specified in the Table:
SCHEDULE ____________________________________________________________ Fortnightly rate of salary Fortnightly productivity contribution ____________________________________________________________ Less than $902 $27.06 $902 or more but less than $1,453.33 The amount that is 3% of the employee's fortnightly rate of salary $1,453.33 or more but less than $2,180 $43.60 $2,180 or more The amount that is 2% of the employee's fortnightly rate of salary ___________________________________________________________
NOTE
1. Notified in the Commonwealth of Australia Gazette on 30 June 1992.
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