Document ID: chunk:federal_register_of_legislation:F2022C00997:reg:18
Version: federal_register_of_legislation:F2022C00997
Segment Type: reg
Provision Reference: reg 18
Character Range: 40586–41923

18  Additional contributions by existing contributors
 (1) In this regulation:
 (a) references to a contributor are references to a male contributor whose obligation to contribute to the Superannuation Fund came into existence before the commencement of the Superannuation (Papua and New Guinea) Ordinance 1960; and
 (b) references to a unit of pension include references to a reserve unit of pension and a fraction of a unit of pension, but do not include references to a non‑contributory unit.
 (2) A contributor who has not made an election under subsection 29C(2) of the Superannuation Ordinance shall make such contributions (if any) to the Superannuation Fund as are specified in Schedule 4.
 (3) Contributions by a contributor who has not made an election under subsection 29C(2) of the Superannuation Ordinance, being contributions in respect of:
 (a) units of pension in respect of which the obligation to contribute comes into existence on or after the date of commencement of these Regulations; or
 (b) reserve units of pension for which such a contributor elects to contribute on or after that date;
shall be at the rates of contribution specified in Schedule 1 or Schedule 2, whichever is applicable.
 (4) Contributions payable under subregulation (2) are in addition to any other contributions payable by the contributor.