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Superannuation (Productivity Benefit) (2004–2005 Continuing Contributions) Declaration 2004

  Statutory Rules 2004 No. 1981

I, nicholas hugh minchin, Minister for Finance and Administration, make the following Declaration under section 3D of the Superannuation (Productivity Benefit) Act 1988.
Dated 21 June 2004

  nicK minchin
  Minister for Finance and Administration

1 Name of Declaration

  This Declaration is the Superannuation (Productivity Benefit) (2004–2005 Continuing Contributions) Declaration 2004.

2 Commencement

  This Declaration commences on the date of its notification in the Gazette.

3 Substitution of amounts

  For section 3D of the Superannuation (Productivity Benefit) Act 1988, the table in the Schedule to that Act has effect, for the financial year starting on 1 July 2004, as if the amounts specified in the following table were substituted for the amounts specified in the table in that Schedule:

Table
Pay period rate of salary                Pay period contribution
Less than $150.33                        $13.53
$150.33 or more but less than $2 475.38  The amount that is 9% of the employee's pay period rate of salary
$2 475.38 or more                        $222.78

Note

1. Notified in the Commonwealth of Australia Gazette on 25 June 2004.