Document ID: chunk:federal_register_of_legislation:C2007A00132:clause:1_7:p2
Version: federal_register_of_legislation:C2007A00132
Segment Type: clause
Provision Reference: sch 1 cl 7 (pt 2/2)
Character Range: 15287–16975

to those payments is taken to be payable by the company in respect of services rendered to the company by those employees before the relevant date; and
 (g) the remainder of the superannuation guarantee charge in respect of the quarter is taken:
 (i) to be an expense referred to in paragraph (1)(a); and
 (ii) not to be an amount of superannuation guarantee charge referred in paragraph (1)(e).

 (1AF) If:
 (a) the company has a superannuation guarantee shortfall for a quarter; and
 (b) the shortfall relates to one or more employees; and
 (c) the relevant date occurs during the quarter; and
 (d) one or more payments were made by the company during the quarter on account of wages payable to those employees in respect of services rendered to the company by those employees before the relevant date; and
 (e) those payments were made as a result of an advance of money by a person after the relevant date for the purpose of making those payments;
then:
 (f) for the purposes of paragraph (1)(e), so much of the superannuation guarantee charge in respect of the quarter as is attributable to either or both of the following:
 (i) those payments;
 (ii) the period before the relevant date;
  is taken to be payable by the company in respect of services rendered to the company by those employees before the relevant date; and
 (g) the remainder of the superannuation guarantee charge in respect of the quarter is taken:
 (i) to be an expense referred to in paragraph (1)(a); and
 (ii) not to be an amount of superannuation guarantee charge referred in paragraph (1)(e); and
 (h) subsections (1AC) and (1AD) do not apply to the superannuation guarantee charge in respect of the quarter.