Common use of Salary Sacrificing Clause in Contracts

Salary Sacrificing. 3.5.1 Subject to the rules of the relevant superannuation fund(s), Employees may, at their option, sacrifice some of their wages as superannuation contributions. 3.5.2 Subject to the rules of the relevant superannuation fund(s), Employees may sacrifice any bonus payments, which they receive, as superannuation contributions. In accordance with Australian tax law requirements, an Employee must make the election to sacrifice bonus payments at the beginning of the financial year in which such payments commence.

Salary Sacrificing. 3.5.1 16.1 Subject to the rules of the relevant superannuation fund(s), Employees may, at their option, employees may sacrifice some of their wages as superannuation contributions. 3.5.2 16.2 Subject to the rules of the relevant superannuation fund(s), Employees employees may sacrifice any bonus payments, which they receive, receive as superannuation contributions. In accordance with Australian tax law requirements, an Employee employee must make the election to sacrifice bonus payments at the beginning of the financial year in which such payments commence.

Salary Sacrificing. 3.5.1 15.1 Subject to the rules of the relevant superannuation fund(s), Employees employees may, at their option, sacrifice some of their wages as superannuation contributions. 3.5.2 15.2 Subject to the rules of the relevant superannuation fund(s), Employees employees may sacrifice any bonus payments, payments which they receive, receive as superannuation contributions. In accordance with Australian tax law requirements, an Employee employee must make the election to sacrifice bonus payments at the beginning of the financial year in which such payments commence.