Document ID: chunk:federal_register_of_legislation:F2025C00078:reg:11
Version: federal_register_of_legislation:F2025C00078
Segment Type: reg
Provision Reference: reg 11
Character Range: 10707–11509

11  Employer shortfall exemption certificate
 (1) This section applies to an office holder if:
 (a) the office holder is not a member of the CSS, DFRDB, MSBS, PSS or PSSAP, or an ADF Super member; and
 (b) an employer shortfall exemption certificate has been issued under the Superannuation Guarantee (Administration) Act 1992 to the office holder in relation to:
 (i) the office holder's employer; and
 (ii) a quarter in a financial year.
 (2) Any remuneration payable to the office holder in accordance with this instrument in respect of the quarter is to be increased by the amount of the minimum contribution that would (if the certificate had not been issued), under section 23 of the Superannuation Guarantee (Administration) Act 1992, reduce the charge percentage for the office holder to nil.