Superannuation (Productivity Benefit) Alternative Arrangements Declaration No. 2 (Cth)

1990 No. 415*1* SUPERANNUATION (PRODUCTIVITY BENEFIT) ALTERNATIVE ARRANGEMENTS
DECLARATION No. 2

1990 No. 415 SUPERANNUATION (PRODUCTIVITY BENEFIT) ALTERNATIVE ARRANGEMENTS 
DECLARATION No. 2 - REG 1 
Citation 


  1. This Declaration may be cited as Superannuation (Productivity Benefit)
Alternative Arrangements Declaration No. 2.

1990 No. 415 SUPERANNUATION (PRODUCTIVITY BENEFIT) ALTERNATIVE ARRANGEMENTS 
DECLARATION No. 2 - REG 2 
Interpretation 


  2. In this Declaration, unless the contrary intention appears:

  "the Act" means the Superannuation (Productivity Benefit) Act 1988.

1990 No. 415 SUPERANNUATION (PRODUCTIVITY BENEFIT) ALTERNATIVE ARRANGEMENTS 
DECLARATION No. 2 - REG 3 
Declared class of employees 


  3. (1) For the purposes of subsection 4A (1) of the Act, the class of
employees specified in subclause (2) is a class of employees who are neither
fund employees nor interim arrangement employees.

  (2) The class of qualified employees referred to in subclause (1) comprises
qualified employees each of whom:

  (a)  is a person:

  (i)  whose salary or wages per pay period is less than the equivalent of
$110 per week; or

  (ii)  whose expected period of employment is less than 3 months; and

  (b)  makes an election in writing to be covered by the arrangements
specified in clause 4.

1990 No. 415 SUPERANNUATION (PRODUCTIVITY BENEFIT) ALTERNATIVE ARRANGEMENTS 
DECLARATION No. 2 - REG 4 
Specified arrangements for employees specified in clause 3 


  4. (1) For the purposes of subsection 4A (2) of the Act, the arrangements
set out in subclause (2) are specified arrangements about the superannuation
or similar benefits that are to apply to the class of employees specified in
clause 3.

  (2) On the termination of the employment of an employee included in the
class specified in clause 3 the employee is to be paid an amount of benefit
equal to the amount of interim benefit that would be payable to that employee
under section 8A of the Act as if the employee:

  (a)  was an interim arrangement employee; and

  (b)  had completed the period of qualifying service under section 5 of the
Act.