Document ID: chunk:federal_register_of_legislation:C2004A03971:section:50:p5
Version: federal_register_of_legislation:C2004A03971
Segment Type: section
Provision Reference: s 50 (pt 5/12)
Character Range: 231131–233817

for the whole of it at the same hourly or other rate as that at which he or she was paid.

"(2) Where a remainder employee is re-employed by a designated employer:

    (a) later than 12 months after the employee last ceased to be employed by the employer; or

    (b) for the performance of duties that are not the same as, nor similar to, the duties he or she performed when last employed by the employer;

then, for the purposes of subsection (1) in relation to a pay period after the re-employment, the employee is taken to have commenced employment with the employer when he or she commenced re­employment.

Continuing contributions

"3c. (1) Subject to this section, where a fund employee is employed on a full-time basis, the continuing contribution in respect of the employee for a              pay period of the employee is:

    (a) where the period is a week—the amount ascertained in accordance with the Table in the Schedule; or

    (b) where the period is a fortnight—the amount ascertained in accordance with that Table as if the sums of money specified in it were multiplied by 2; or

    (c) where the period is half a month—the amount ascertained in accordance with that Table as if those sums were multiplied by 2⅙; or

    (d) where the period is 4 weeks—the amount ascertained in accordance with that Table as if those sums were multiplied by 4; or

    (e) where the period is a month—the amount ascertained in accordance with that Table as if those sums were multiplied by 4⅓.

"(2) Subject to this section, where a fund employee is employed on a part-time basis, the continuing contribution in respect of the employee for a pay period of the employee is the amount calculated using whichever of the following formulas the employee's designated employer considers to be convenient:

Actual salary     ×   Full-time continuing contribution
Full-time salary
Part-time hours   ×   Full-time continuing contribution
Full-time hours

where:

'Actual salary' means the salary payable to the employee for the pay period;

'Full-time salary' means the salary that would have been payable to the employee for the period if he or she performed his or her duties on a full-time basis;

'Full-time continuing contribution' means the amount that would be the continuing contribution in respect of the employee for the pay period if he or she performed his or her duties on a full-time basis;

'Part-time hours' means the number of hours in the pay period for which the employee is paid;

'Full-time hours' means the number of hours that the employee would work in the pay period if he or she performed his or her duties on a full-time basis.

"(3) Where the Minister makes