Superannuation Guarantee (Administration) Regulations 2018
PART 3
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BENEFIT CERTIFICATES
SECTION 8
NOTIONAL EMPLOYER CONTRIBUTION RATE
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GENERAL
8(1)
Subject to subsection (2), the notional employer contribution rate in relation to a class of employees who are members of a defined benefit superannuation scheme is the rate determined in accordance with section 9 or 10 .
8(2)
If section 9 or 10 is not applicable to a class of employees, the notional employer contribution rate for that class is calculated in accordance with a method determined by an actuary, who certifies that the method:
(a) is applicable to the class; and
(b) is consistent with section 9 or 10 ; and
(c) determines a rate that is comparable to the rate at which the employer of the employees must contribute to the superannuation scheme, or schemes, to provide the employees with the minimum requisite benefit.
Subject to subsection (2), the notional employer contribution rate in relation to a class of employees who are members of a defined benefit superannuation scheme is the rate determined in accordance with section 9 or 10 .
8(2)
If section 9 or 10 is not applicable to a class of employees, the notional employer contribution rate for that class is calculated in accordance with a method determined by an actuary, who certifies that the method:
(a) is applicable to the class; and
(b) is consistent with section 9 or 10 ; and
(c) determines a rate that is comparable to the rate at which the employer of the employees must contribute to the superannuation scheme, or schemes, to provide the employees with the minimum requisite benefit.
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