Superannuation Industry (Supervision) Act 1993

PART 6A - ANNUAL PERFORMANCE ASSESSMENTS ETC.  

SECTION 60H   REQUIREMENTS FOR CONTRIBUTIONS TO BLOCKED FUND NOT ENFORCEABLE  

60H(1)    
This section applies if there is a requirement in:

(a)    a Commonwealth law or a Territory law; or

(b)    a Commonwealth industrial award or a Territory industrial award;

that an employer make contributions to a specified superannuation fund (or to a superannuation fund in a specified class or group of superannuation funds) on behalf of an employee.

60H(2)    
This section also applies if there is a requirement in

(a)    a State law; or

(b)    a State industrial award;

that an employer make contributions to a specified superannuation fund (or to a superannuation fund in a specified class or group of superannuation funds) on behalf of an employee.

60H(3)    
The requirement is not enforceable to the extent that the employer cannot make contributions to the superannuation fund (or to any of those superannuation funds) on behalf of the employee because of section 60F (consequences of 2 consecutive fail assessments).

60H(4)    
In this section, the following terms have the same meaning as in the Superannuation Guarantee (Administration) Act 1992 :

(a)     Commonwealth industrial award ;

(b)     employee ;

(c)     employer ;

(d)     State industrial award ;

(e)     Territory industrial award .