AustLII Tasmanian Numbered Regulations

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RETIREMENT BENEFITS REGULATIONS 2005 (S.R. 2005, NO. 77) - REG 28

Calculation of salary sacrifice contributions

For the purposes of this Part, where salary sacrifice contributions are made to the contributory scheme on behalf of a contributor, the amount to be remitted is to be determined by reference to a percentage of the relevant contributor’s salary calculated in accordance with the following formula:
graphic image
where –
PS is the percentage of salary;
ROC is the rate of contribution at which the contributor has elected to contribute under regulation 33 ;
CT is the rate of contributions tax payable in accordance with the law of the Commonwealth.


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