Document ID: chunk:federal_register_of_legislation:F2023C00028:reg:5:p1
Version: federal_register_of_legislation:F2023C00028
Segment Type: reg
Provision Reference: reg 5 (pt 1/3)
Character Range: 3783–6916

5  Definitions
  In this determination:
            (a)      'salary and wages' has the same meaning as in the Superannuation Guarantee (Administration) Act 1992
            (b)      'SGAA sacrificed ordinary time earnings amount' has the same meaning as the term 'sacrificed ordinary time earnings amount' defined in the Superannuation Guarantee (Administration) Act 1992
            (c)      'SGAA sacrificed salary or wages amount' has the same meaning as the term 'sacrificed salary or wages amount' defined in the Superannuation Guarantee (Administration) Act 1992
            (d)      'employee' has the same meaning as in the Superannuation Guarantee (Administration) Act 1992, but disregard subsection 12(3) of that Act
            (e)      'superannuation liability amount' means the total of amounts which the entity will be liable to pay under the Superannuation Guarantee (Administration) Act 1992) in respect of payments made to an employee since the preceding 1 July
            (f)       'tax offset amount' means the amount claimed by a payee in a Tax file number declaration or Withholding declaration to reduce withholding due to an offset entitlement
            (g)      'foreign tax paid amount' – an amount of tax paid to a foreign government or revenue authority in respect of payments made to payees who are Australian residents for tax purposes but who are working in that foreign country
            (h)      'exempt foreign income amount' – an amount that constitutes foreign earnings of the payee that is exempt from tax under section 23AG of the Income Tax Assessment Act 1936
            (i)       'foreign employment income amount' is an amount that is assessable income paid to payees, who are Australian tax residents, that is subject to tax in another country, for work performed in that country, if the qualification period is met
            (j)       'lump sum D amount' means the amount of a genuine redundancy payment or an early retirement payment (as defined in the Income Tax Assessment Act 1997) that does not exceed the amount worked out under section 83-170 of that Act
            (k)      'Voluntary agreement to withhold amount' is an amount withheld under Section 12-55 of Schedule 1 to Taxation Administration Act 1953
            (l)       'Labour hire arrangement amount' is an amount withheld under section 12-60 of Schedule 1 to the Taxation Administration Act 1953
            (m)    'Community Development Employment Project scheme' is a subsidised wage program for activities to prevent and address family violence and substance misuse problems in Indigenous communities
            (n)      'Australian Apprentice' means a person who is employed as an apprentice or trainee under a training contract approved by the government body responsible for the operation of the vocational education and training system within a State or Territory.

Endnotes

Endnote 1—About the endnotes
The endnotes provide information about this compilation and the compiled law.

The following endnotes are included in every compilation:

Endnote 1—About the endnotes
Endnote 2—Abbreviation key