Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) Subject to this section, the productivity contribution in respect of a productivity employee for a fortnight is the amount ascertained in accordance with the following Table:
TABLE | |
Fortnightly rate of salary | Fortnightly productivity contribution |
Less than $846 | $25.40 |
$846 or more but less than $1,300 | The amount that is 3% of the employee's fortnightly rate of salary |
$1,300 or more but less than $1,950 | $39.00 |
$1,950 or more | The amount that is 2% of the employee's fortnightly rate of salary. |
(2) Where CSC makes a declaration under section 110D in relation to a period, the Table has effect in relation to that period as if it had been varied in accordance with the declaration.
(3) Where an amount that, but for this subsection, would be a productivity contribution in respect of a productivity employee includes a part of a cent, then:
(a) where the part is .5 of a cent or more--that part shall be taken to be 1 cent; and
(b) in any other case--the part shall be disregarded.