Document ID: chunk:federal_register_of_legislation:C2010C00404:clause:2_8
Version: federal_register_of_legislation:C2010C00404
Segment Type: clause
Provision Reference: sch 2 cl 8
Character Range: 15986–17237

8  Transitional—charge remaining payable at commencement

(1) If, for the purposes of the Superannuation Guarantee (Administration) Act 1992, superannuation guarantee charge:
 (a) became payable under an assessment before the commencement of this Schedule (apart from item 7A); and
 (b) was not fully paid before that commencement;
this item applies in relation to the employer's liability to pay the proportion of the charge (the remaining charge) remaining payable at that commencement.

(2) After that commencement, subsection 23A(2) of that Act applies as if the remaining charge became payable at that commencement.

(3) If it is proposed to amend the assessment to effect a reduction, as a result of an offset under section 23A of that Act, in the employer's liability to pay the remaining charge, then:
 (a) subsection 37(3) of that Act applies as if the assessment were made at that commencement; and
 (b) paragraph 37(5)(a) of that Act applies as if the remaining charge became payable under the assessment at that commencement.

(4) If the assessment was of superannuation guarantee charge payable in relation to a year (instead of a quarter), then that Act also applies as if references in that Act to a quarter were references to a year.