Document ID: chunk:federal_register_of_legislation:C2019A00078:clause:1_19aa
Version: federal_register_of_legislation:C2019A00078
Segment Type: clause
Provision Reference: sch 1 cl 19AA
Character Range: 3272–3932

19AA  Employer shortfall exemption certificate
 (1) This section applies if the Commissioner has issued an employer shortfall exemption certificate to a person in relation to:
 (a) an employer of the person; and
 (b) a quarter in a financial year.
 (2) Treat the maximum contribution base for the quarter as nil for the purposes of working out the employer's individual superannuation guarantee shortfall under section 19 for the person for the quarter.
Note: An employer shortfall exemption certificate issued to a person in relation to a particular employer does not affect any other employer's individual superannuation guarantee shortfall for the person.