Document ID: chunk:federal_register_of_legislation:C2004A05281:clause:5_19
Version: federal_register_of_legislation:C2004A05281
Segment Type: clause
Provision Reference: sch 5 cl 19
Character Range: 51115–52013

19  Surchargeable contributions
 (1) For the purposes of the Superannuation Contributions Tax (Assessment and Collection) Act 1997, the surchargeable contributions for a financial year of a Judge is the amount worked out by using the formula:
where:
annual salary means the amount that is the Judge's salary for the financial year.
notional surchargeable contributions factor means the notional surchargeable contributions factor applying to the Judge for that financial year under the regulations.
 (2) The regulations may prescribe the notional surchargeable contributions factors that are to apply to a Judge when working out, for the purposes of the Superannuation Contributions Tax (Assessment and Collection) Act 1997, the Judge's surchargeable contributions.
 (3) Subsection (1) has effect despite any provision of the Superannuation Contributions Tax (Assessment and Collection) Act 1997.