Common use of Additional Remedy for Non-Compliance with industry Clause in Contracts

Additional Remedy for Non-Compliance with industry. funds If the Employer does not contribute the amounts in accordance with this Agreement, the relevant trust deed and the fund or scheme, the Employer shall be liable to make the appropriate contributions immediately upon notification of the non-compliance. Further, the Employer shall pay the earnings on the relevant trust deed and fund or scheme that accrue during non-payment. The requirement for the Employer to make retrospective payments shall not limit any action which may be available in relation to death, disablement or any other cover existing within the terms of the relevant fund. No Extra Claims

Appears in 5 contracts

Samples: Sacrifice Agreement for Superannuation, Non Trades, Sacrifice Agreement for Superannuation

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Additional Remedy for Non-Compliance with industry. funds If the Employer does not contribute the amounts in accordance with this Agreement, the relevant trust deed and the fund or scheme, the Employer shall be liable to make the appropriate contributions immediately upon notification of the non-compliance. Further, the Employer shall pay the earnings on the relevant trust deed and fund or scheme that accrue during non-payment. The requirement for the Employer to make retrospective payments shall not limit any action which may be available in relation to death, disablement or any other cover existing within the terms of the relevant fund. No Extra ClaimsClaims‌

Appears in 1 contract

Samples: Sacrifice Agreement for Superannuation

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