Commonwealth Numbered Acts

SUPERANNUATION ACT 1976 No. 31, 1976 - SECT 48

48. (1) Subject to paragraph 50 (3) (b), an eligible employee may, at any
time, by notice in writing to the Commissioner, elect to pay supplementary
contributions.

(2) An eligible employee who makes an election under sub-section (1) shall
specify in the election the factor by reference to which the amount of the
supplementary contributions to be paid by him is to be determined in
accordance with this section, being a factor that is a whole number and does
not exceed 5.

(3) Subject to sections 50, 51 and 54, where an eligible employee makes an
election under sub-section (1) of this section, he shall, on each contribution
day after the date of the election during the period commencing on the day
immediately following the day of the election and ending on the day on which
he ceases to be an eligible employee, pay a supplementary contribution to the
Commissioner.