Superannuation (CSS) (SG Minimum Contribution) Determination No. 1 (Cth)

Statutory Rules 1992 No. 461¹

Superannuation (CSS) (SG Minimum

Contribution) Determination No. 1

I, RALPH WILLIS, Minister of State for Finance, make the following Determination under subsection 110SC(2) of the Superannuation Act 1976.

Dated 21st December 1992.

Governor-General

By His Excellency’s Command,

RALPH WILLIS

Minister of State for Finance

_________

1              Citation

1.     This Determination may be cited as the Superannuation (CSS) (SG Minimum Contribution) Determination No. 1.

2              Commencement

2.     This Determination commences on 1 January 1993.

SG minimum contribution-variation of percentage

3. The percentage mentioned in subsection 110SC (1) of the Superannuation Act 1976 is varied from 4% to 5%.

NOTE

1.       Notified in the Commonwealth of Australia Gazette on 24 December 1992.