Examples of Superannuation Law in a sentence
AHCL will not use any amount that is salary sacrificed by an Employee to negate contributions payable under Superannuation Law for the Superannuation Guarantee.
In the absence of a complying nomination, or a ‘stapled’ fund per Superannuation Law, the Employer will direct payments to its default fund, being HESTA (ABN: 64 971 749 321) which is MySuper compliant.
Superannuation Legislation The subject of superannuation is dealt with extensively by federal legislation including the Superannuation Guarantee (Administration) Act 1992, the Superannuation Guarantee Charge Act 1992, the Superannuation Industry (Supervision) Act 1993, and the Superannuation (Resolution of Complaints) Act 1993 (Superannuation Law).
Should an employee fail to nominate a complying regulated fund, AHCL will use the Employee’s ‘stapled’ fund as required by the Superannuation Law (if one exists), or the Default Fund (in the absence of a ‘stapled’ fund) for such an Employee into which contributions shall be paid under this Agreement.
The Employer will pay compulsory superannuation contributions to Employees, in accordance with and subject to Superannuation Law (subject to the statutory minimum and maximum contribution base).