Superannuation (Productivity Benefit) (1999-2000 Continuing Contributions) Declaration 1999 (Cth)

Text

1 Name of declaration

2 Commencement

3 Substitution of amounts

Superannuation (Productivity Benefit) (1999-2000 Continuing Contributions) Declaration 1999

Statutory Rules 1999 No. 135

I, JOHN JOSEPH FAHEY, Minister for Finance and Administration, make the following declaration under section 3D of the Superannuation (Productivity Benefit) Act 1988.

Dated  20 June 1999.

JOHN FAHEY
Minister for Finance and Administration

Superannuation (Productivity Benefit) (1999-2000 Continuing Contributions) Declaration 1999

Statutory Rules 1999 No. 135¹

made under the

Superannuation (Productivity Benefit) Act 1988

Contents

Page

1  Name of declaration   2

   2  Commencement   2

   3  Substitution of amounts   2

1              Name of declaration

                This declaration is the Superannuation (Productivity Benefit) (1999-2000 Continuing Contributions) Declaration 1999.

2              Commencement

                This declaration commences on gazettal.

3              Substitution of amounts

For section 3D of the Superannuation (Productivity Benefit) Act 1988, the table in the Schedule to that Act is to have effect, for the financial year starting on 1 July 1999, as if the amounts set out in the following table were substituted for the amounts set out in the table in that Schedule:

Table

Pay period rate of salary	Pay period contribution
Less than $193.28	$13.53
$193.28 or more but less than $1941.54	The amount that is 7% of the employee’s pay period rate of salary
$1941.54 or more	$135.91

Note

1.       Made by the Minister for Finance and Administration on 20 June 1999, and notified in the Commonwealth of Australia Gazette on 30 June 1999.