OCCUPATIONAL SUPERANNUATION STANDARDS REGULATIONS 1987 (REPEALED)
PART II
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SUPERANNUATION FUNDS
Division 3
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Defined Benefit Superannuation Funds: Certificates of Contribution and Solvency
REGULATION 18Y
RATE OF CONTRIBUTIONS: FINANCIAL YEAR 1993-94
18Y(1)
[
Application
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(a) if one or more actuarial investigations into the fund have been made - a rate not less than the rate recommended in the latest actuarial investigation as the minimum rate at which the contributions should be made; or
(b) if no actuarial investigation into the fund has been made - the rate determined by an actuary to be the rate that would have been recommended by the actuary in accordance with paragraph 17(2)(c) for the purposes of an actuarial report referred to in paragraph 17(1)(b) if an actuarial investigation into the fund had been made.
View history note
Hide history noteThis regulation applies in relation to the financial year beginning on 1 July 1993 to a fund other than a fund the benefits of which are guaranteed by the Commonwealth or by a State or Territory.
18Y(2) [ Required rate ]The rate at which contributions are made by an employer to a fund in respect of a member of the fund must be:
(a) if one or more actuarial investigations into the fund have been made - a rate not less than the rate recommended in the latest actuarial investigation as the minimum rate at which the contributions should be made; or
(b) if no actuarial investigation into the fund has been made - the rate determined by an actuary to be the rate that would have been recommended by the actuary in accordance with paragraph 17(2)(c) for the purposes of an actuarial report referred to in paragraph 17(1)(b) if an actuarial investigation into the fund had been made.
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