Queensland Subordinate Legislation as Made

SUPERANNUATION LEGISLATION (SCHEME MEMBERSHIP) AMENDMENT REGULATION 2017 - REG 6

6 Amendment of s 303 (Prescribed amount of yearly contributions—Act, s 220A)

(1) Section 303(1)—
omit.

(2) Section 303(2), ‘section 220A(3)’—
omit, insert—
section 220A(2)

(3) Section 303(2)(c) and (d)—
omit, insert—

(c) for a BCC permanent employee who is a defined benefit member within the meaning of section 216A of the Act—the amount stated in the trust deed; or

(d) for other BCC permanent employees—5% of the employee’s salary.

(4) Section 303(2) and (3)—
renumber as section 303(1) and (2).