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:

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.