Small Superannuation Accounts Act 1995

Deposits by employers

• Under section 25 , the individual's employer or former employer may make a deposit in respect of the individual. The employer or former employer will make the deposit instead of making a superannuation contribution in respect of the individual. The deposit will result in a credit to the individual's account.

Superannuation guarantee shortfalls

• Under section 65 of the Superannuation Guarantee (Administration) Act 1992 , if there is a shortfall component of a payment of superannuation guarantee charge in relation to the individual, the Commissioner of Taxation may credit the shortfall component to the individual's account.

Interest

• Under Part 6 , interest may be credited to the individual's account.