Western Australian Consolidated Regulations

COAL INDUSTRY SUPERANNUATION REGULATIONS 1990 - REG 16A

16A .         Acceptance of Commonwealth payments

                The Board may accept from the Commonwealth Commissioner of Taxation payment of any of the following in respect of a member —

            (a)         a shortfall component under the Superannuation Guarantee (Administration) Act 1992 of the Commonwealth;

            (b)         an amount equal to the balance of the member’s account in the Superannuation Holding Accounts Reserve under the Small Superannuation Accounts Act 1995 of the Commonwealth;

            (c)         a Government co‑contribution under the Superannuation (Government Co‑contribution for Low Income Earners) Act 2003 of the Commonwealth.

        [Regulation 16A inserted in Gazette 11 Jul 2006 p. 2537.]