Document ID: chunk:federal_register_of_legislation:F2012L01253:body:0
Version: federal_register_of_legislation:F2012L01253
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Superannuation (Productivity Benefit) (2012-2013 Continuing Contributions) Declaration 20121

I, Penelope YING YEN WONG, Minister for Finance and Deregulation, make the following Declaration under section 3D of the Superannuation (Productivity Benefit) Act 1988.
Dated 8th June 2012

  Penelope YING YEN WONG
  Minister for Finance and Deregulation

1 Name of Declaration

  This Declaration is the Superannuation (Productivity Benefit) (2012-2013 Continuing Contributions) Declaration 2012.

2 Commencement

  This Declaration commences on 1 July 2012.

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 commencing on 1 July 2012, as if the amounts specified in the following Table were substituted for the amounts specified in the Table in that Schedule (whether sums of money or percentages):

Table
Pay period rate of salary               Pay period contribution
Less than $150.33                       $13.53
$150.33 or more but less than $3519.23  The amount that is 9% of the employee's pay period rate of salary
$3519.23 or more                        $316.73

Note

1. All legislative instruments and compilations are registered on the Federal Register of Legislative Instruments kept under the Legislative Instruments Act 2003. See www.comlaw.gov.au.