Commonwealth Consolidated Acts

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Term requiring avoidance of liability to pay superannuation guarantee charge

  (1)   A modern award must include a term that requires an employer covered by the award to make contributions to a superannuation fund for the benefit of an employee covered by the award so as to avoid liability to pay superannuation guarantee charge under the Superannuation Guarantee Charge Act 1992 in relation to the employee.

Reduction of employer's liability to the extent of superannuation charge payments

  (2)   The obligation of an employer to make contributions for the benefit of an employee under a term mentioned in subsection   (1) does not apply to the extent that:

  (a)   the employer has made a charge payment (within the meaning of section   63A of the Superannuation Guarantee (Administration) Act 1992 ) in respect of the employee under Part   8 of that Act; and

  (b)   the employee is a benefiting employee (within the meaning of that Part); and

  (c)   the Commissioner of Taxation is required to pay, or otherwise deal with, a shortfall component (within the meaning of that Part) for the benefit of the employee under that Part.

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