Taxation Laws Amendment (Superannuation) Act 1992 (208 of 1992)

Part 4   AMENDMENT OF THE SUPERANNUATION GUARANTEE (ADMINISTRATION) ACT 1992

Division 7   Amendments relating to excluded salary or wages

88   Salary or wages: general exclusions

Section 27 of the Principal Act is amended:

(a) by adding at the end of subsection (1) the following paragraph:

"(e) salary or wages prescribed for the purposes of this paragraph.";

(b) by omitting subsection (2) and substituting the following subsection:

"(2) If an employer pays an employee less than $450 by way of salary or wages in a month, the salary or wages so paid are not to be taken into account for the purpose of making a calculation, in relation to the employer and the employee, under section 18 or 19.".