Document ID: chunk:federal_register_of_legislation:C2019A00095:clause:7_10
Version: federal_register_of_legislation:C2019A00095
Segment Type: clause
Provision Reference: sch 7 cl 10
Character Range: 31778–32520

10  After subsection 23(7)
Insert:

Sacrificed ordinary time earnings amounts taken into account in a quarter not to be taken into account for any other quarter
 (7A) For the purposes of the definition of ordinary time earnings base in subsection (2), disregard an amount in a quarter if:
 (a) the amount would be covered by paragraph (a) of that definition for the quarter (about ordinary time earnings of the employee); but
 (b) the amount is taken into account under paragraph (b) of that definition (about sacrificed ordinary time earnings amounts) for any quarter.
Note: This prevents double counting if a sacrificed ordinary time earnings amount is later paid as ordinary time earnings, instead of being contributed to superannuation.