Common use of Salary Sacrifice Packaging Clause in Contracts

Salary Sacrifice Packaging. 48.1 Under this Agreement an employee may choose to enter into salary sacrifice packaging arrangements in compliance with Commonwealth taxation legislation and any rules and regulations imposed by the Australian Taxation Office (ATO) or other relevant authority. These salary sacrifice packaging arrangements meet the full obligations of the employer in relation to salary payments required under this Agreement. Under the arrangement the following conditions will apply: (a) the arrangement operates at no additional cost to the Northern Territory Government either directly or indirectly; (b) an employee employed on a fixed period basis for less than 12 months may only have access to salary sacrifice packaging with the approval of the CEO; (c) salary sacrifice arrangements may cease or be modified to reflect any changes to the Commonwealth taxation legislation or rules. Any additional taxation liability arising from these changes will be met by the employee; (d) an employee shall meet any administration costs as part of the salary package arrangements, including any Fringe Benefit Tax liabilities that may arise; (e) an employee’s salary for superannuation purposes and severance and termination payments shall be the gross salary which would have been received had the employee not entered into a salary sacrifice packaging arrangement; and (f) an employee will provide evidence of having obtained or waived his/her right to obtain independent financial advice prior to entering into a salary sacrifice packaging arrangement.

Salary Sacrifice Packaging. 48.1 Under this Agreement an employee may choose to enter into salary sacrifice packaging arrangements in compliance with Commonwealth taxation legislation and any rules and regulations imposed by the Australian Taxation Office (ATO) or other relevant authority. These salary sacrifice packaging arrangements meet the full obligations of the employer in relation to salary payments required under this Agreement. Under the arrangement the following conditions will shall apply: (a) the The arrangement operates at no additional cost to the Northern Territory Government either directly or indirectly; (b) an An employee employed on a fixed period basis contract for less than 12 months may only have access to salary sacrifice packaging with the approval of the CEO; (c) salary Salary sacrifice arrangements may cease or be modified to reflect any changes to the Commonwealth taxation legislation or rules. Any additional taxation liability arising from these changes will shall be met by the employee; (d) an An employee shall meet any administration costs as part of the salary package arrangements, including any Fringe Benefit Tax liabilities that may arise; (e) an An employee’s salary for superannuation purposes and severance and termination payments shall be the gross salary which would have been received had the employee not entered into a salary sacrifice packaging arrangement; and (f) an An employee will shall provide evidence of having obtained or waived his/her right to obtain independent financial advice prior to entering into a salary sacrifice packaging arrangement.

Salary Sacrifice Packaging. 48.1 Under this Agreement an employee may choose to enter into salary sacrifice packaging arrangements in compliance with Commonwealth taxation legislation and any rules and regulations imposed by the Australian Taxation Office (ATO) or other relevant authority. These salary sacrifice packaging arrangements meet the full obligations of the employer in relation to salary payments required under this Agreement. Under the arrangement the following conditions will apply: (a) the arrangement operates at no additional cost to the Northern Territory Government either directly or indirectly; (b) an employee employed on a fixed period basis for less than 12 months may only have access to salary sacrifice packaging with the approval of the CEO; (c) salary sacrifice arrangements may cease or be modified to reflect any changes to the Commonwealth taxation legislation or rules. Any additional taxation liability arising from these changes will be met by the employee; (d) an employee shall will meet any administration costs as part of the salary package arrangements, including any Fringe Benefit Tax liabilities that may arise; (e) an employee’s salary for superannuation purposes and severance and termination payments shall will be the gross salary which would have been received had the employee not entered into a salary sacrifice packaging arrangement; and (f) an employee will provide evidence of having obtained or waived his/his or her right to obtain independent financial advice prior to entering into a salary sacrifice packaging arrangement.

Salary Sacrifice Packaging. 48.1 Under this Agreement an employee may choose to enter into salary sacrifice packaging arrangements in compliance with Commonwealth taxation legislation and any rules and regulations imposed by the Australian Taxation Office (ATO) or other relevant authority. These salary sacrifice packaging arrangements meet the full obligations of the employer in relation to salary payments required under this Agreement. Under the arrangement the following conditions will shall apply: (a) the The arrangement operates at no additional cost to the Northern Territory Government either directly or indirectly; (b) an An employee employed on a fixed period basis contract for less than 12 months may only have access to salary sacrifice packaging with the approval of the CEO; (c) salary Salary sacrifice arrangements may cease or be modified to reflect any changes to the Commonwealth taxation legislation or rules. Any additional taxation liability arising from these changes will shall be met by the employee; (d) an An employee shall meet any administration costs as part of the salary package arrangements, including any Fringe Benefit Tax liabilities that may arise; (e) an An employee’s salary for superannuation purposes and severance and termination payments shall be the gross salary which would have been received had the employee not entered into a salary sacrifice packaging arrangement; and (f) an An employee will shall provide evidence of having obtained or waived his/her right to obtain independent financial advice prior to entering into a salary sacrifice packaging arrangement.

Salary Sacrifice Packaging. 48.1 Under this Agreement an employee Employee may choose to enter into salary sacrifice packaging arrangements in compliance with Commonwealth taxation legislation and any rules and regulations imposed by the Australian Taxation Office (ATO) or other relevant authority. These salary sacrifice packaging arrangements meet the full obligations of the employer Employer in relation to salary payments required under this Agreement. Under the arrangement the following conditions will shall apply: (a) the The arrangement operates at no additional cost to the Northern Territory Government either directly or indirectly; (b) an employee An Employee employed on a fixed period basis for less than 12 months may only have access to salary sacrifice packaging with the approval of the CEO; (c) salary Salary sacrifice arrangements may cease or be modified to reflect any changes to the Commonwealth taxation legislation or rules. Any additional taxation liability arising from these changes will shall be met by the employeeEmployee; (d) an employee An Employee shall meet any administration costs as part of the salary package arrangements, including any Fringe Benefit Tax liabilities that may arise; (e) an employeeAn Employee’s salary for superannuation purposes and severance and termination payments shall be the gross salary which would have been received had the employee Employee not entered into a salary sacrifice packaging arrangement; and (f) an employee will An Employee shall provide evidence of having obtained or waived his/his or her right to obtain independent financial advice prior to entering into a salary sacrifice packaging arrangement.

Salary Sacrifice Packaging. 48.1 Under this Agreement an employee Employee may choose to enter into salary sacrifice packaging arrangements in compliance with Commonwealth taxation legislation and any rules and regulations imposed by the Australian Taxation Office (ATO) or other relevant authority. These salary sacrifice packaging arrangements meet the full obligations of the employer in relation to salary payments required under this Agreement. Under the arrangement scheme the following conditions will shall apply: (a) the arrangement The scheme operates at no additional cost to the Northern Territory Government either directly or indirectly; (b) an employee An Employee employed on a fixed period basis temporary contract for less than 12 months may only have access to salary sacrifice packaging with the approval of the CEO; (c) salary Salary sacrifice arrangements may cease or be modified to reflect any changes to the Commonwealth taxation legislation or rules. Any additional taxation liability arising from these changes will shall be met by the employeeEmployee; (d) an employee An Employee shall meet any administration costs as part of the salary package arrangements, including any Fringe Benefit Tax liabilities that may arise; (e) an employeeAn Employee’s salary for superannuation purposes and severance and termination payments shall be the gross salary which would have been received had the employee Employee not entered into a salary sacrifice packaging arrangement; and (f) an employee will An Employee shall provide evidence of having obtained or waived his/her right to obtain independent financial advice prior to entering into a salary sacrifice packaging arrangement.

Salary Sacrifice Packaging. 48.1 (a) Under this Agreement an employee Employee may choose to enter into salary sacrifice packaging arrangements in compliance with Commonwealth taxation legislation and any rules and regulations imposed by the Australian Taxation Office (ATO) or other relevant authority. These salary sacrifice packaging arrangements meet the full obligations of the employer in relation to salary payments required under this Agreement. Under the arrangement scheme the following conditions will apply: (ai) the arrangement operates at no additional cost to the Northern Territory Government either directly or indirectly; (bii) an employee Employee employed on a fixed period basis contract for less than 12 months may only have access to salary sacrifice packaging with the approval of the CEO; (ciii) salary sacrifice arrangements may cease or be modified to reflect any changes to the Commonwealth taxation legislation or rules. Any additional taxation liability arising from these changes will be met by the employeeEmployee; (div) an employee shall Employee will meet any administration costs as part of the salary package arrangements, including any Fringe Benefit Tax liabilities that may arise; (ev) an employeeEmployee’s salary for superannuation purposes and severance and termination payments shall will be the gross salary which would have been received had the employee Employee not entered into a salary sacrifice packaging arrangement; and (fvi) an employee Employee will provide evidence of having obtained or waived his/his or her right to obtain independent financial advice prior to entering into a salary sacrifice packaging arrangement.

Salary Sacrifice Packaging. 48.1 Under this Agreement an employee may choose to enter into salary sacrifice packaging arrangements in compliance with Commonwealth taxation legislation and any rules and regulations imposed by the Australian Taxation Office (ATO) or other relevant authority. These salary sacrifice packaging arrangements meet the full obligations of the employer in relation to salary payments required under this Agreement. Under the arrangement the following conditions will shall apply: (a) the The arrangement operates at no additional cost to the Northern Territory Government either directly or indirectly;. (b) an An employee employed on a fixed period basis contract for less than 12 months may only have access to salary sacrifice packaging with the approval of the CEO;. (c) salary Salary sacrifice arrangements may cease or be modified to reflect any changes to the Commonwealth taxation legislation or rules. Any additional taxation liability arising from these changes will shall be met by the employee;. (d) an An employee shall meet any administration costs as part of the salary package arrangements, including any Fringe Benefit Tax liabilities that may arise;. (e) an An employee’s salary for superannuation purposes and severance and termination payments shall be the gross salary which would have been received had the employee not entered into a salary sacrifice packaging arrangement; and (f) an An employee will shall provide evidence of having obtained or waived his/her their right to obtain independent financial advice prior to entering into a salary sacrifice packaging arrangement.

Salary Sacrifice Packaging. 48.1 Under this Agreement an employee Employee may choose to enter into salary sacrifice packaging arrangements in compliance with Commonwealth taxation legislation and any rules and regulations imposed by the Australian Taxation Office (ATO) or other relevant authority. These salary sacrifice packaging arrangements meet the full obligations of the employer in relation to salary payments required under this Agreement. Under the arrangement scheme the following conditions will apply: (a) the arrangement operates at no additional cost to the Northern Territory Government either directly or indirectly; (b) an employee Employee employed on a fixed period basis contract for less than 12 months may only have access to salary sacrifice packaging with the approval of the CEO; (c) salary sacrifice arrangements may cease or be modified to reflect any changes to the Commonwealth taxation legislation or rules. Any additional taxation liability arising from these changes will be met by the employeeEmployee; (d) an employee shall Employee will meet any administration costs as part of the salary package arrangements, including any Fringe Benefit Tax liabilities that may arise; (e) an employeeEmployee’s salary for superannuation purposes and severance and termination payments shall will be the gross salary which would have been received had the employee Employee not entered into a salary sacrifice packaging arrangement; and (f) an employee Employee will provide evidence of having obtained or waived his/his or her right to obtain independent financial advice prior to entering into a salary sacrifice packaging arrangement.

Salary Sacrifice Packaging. 48.1 (a) Under this Agreement an employee may choose to enter into salary sacrifice packaging arrangements in compliance with Commonwealth taxation legislation and any rules and regulations imposed by the Australian Taxation Office (ATO) or other relevant authority. These salary sacrifice packaging arrangements meet the full obligations of the employer in relation to salary payments required under this Agreement. . (b) Under the arrangement the following conditions will apply: (ai) the arrangement scheme operates at no additional cost to the Northern Territory Government Government, either directly or indirectly; (bii) an employee employed on a fixed period basis for less than 12 months may only have access to salary sacrifice packaging with the approval of the CEO; (ciii) salary sacrifice arrangements may cease or be modified to reflect any changes to the Commonwealth taxation legislation or rules. Any additional taxation liability arising from these changes will be met by the employee; (div) an employee shall will meet any administration costs as part of the salary package sacrifice arrangements, including any Fringe Benefit Benefits Tax (FBT) liabilities that may arise; (ev) an employee’s 's salary for superannuation purposes purposes, and severance and termination payments shall payments, will be the gross salary which they would have been received had the employee not entered into a salary sacrifice packaging arrangementarrangements; and (fvi) an employee will provide evidence of having obtained or waived his/his or her right to obtain independent financial advice prior to entering into a before taking up salary sacrifice packaging arrangementarrangements.