Superannuation Legislation Amendment Act (No. 2) 1999 (96 of 1999)

Schedule 3  

Superannuation Guarantee (Administration) Regulations

1   At the end of subregulation 7(1)

Add:

; (c) an employee who has been appointed by a company operating in Australia to be the national managing executive or deputy national managing executive or a state manager and who is the holder of:

(i) a Subclass 456 (Business (Short Stay)) visa; or

(ii) a Subclass 956 (Electronic Travel Authority) (Business Entrant - Long Validity)) visa; or

(iii) a Subclass 977 (Electronic Travel Authority) (Business Entrant - Short Validity)) visa;

(d) an employee who is the holder of a visa referred to in paragraph (c) if:

(i) the employee:

(A) holds a position as a senior executive of a company operating in Australia; or

(B) is establishing a business activity in Australia on behalf of the employer; and

(ii) the employee’s position carries substantial executive responsibility; and

(iii) the employee’s qualifications for the position are appropriate; and

(iv) the employee’s position is a full-time position;

(e) an employee who is the holder of a Subclass 457 (Business (Long Stay)) visa if:

(i) the employee has been appointed by a company operating in Australia to be the national managing executive or deputy national managing executive or a state manager; and

(ii) the employee was nominated as mentioned in paragraph 457.223(2)(c), (4)(d) or (5)(d) of Schedule 2 to the Migration Regulations 1994 or identified as mentioned in subparagraph 457.223(3)(b)(i) of that Schedule;

(f) an employee who is the holder of a Subclass 457 (Business (Long Stay)) visa if:

(i) the employee holds a position as a senior executive of a company operating in Australia; and

(ii) the employee was nominated as mentioned in paragraph 457.223(2)(c), (4)(d) or (5)(d) of Schedule 2 to the Migration Regulations 1994 or identified as mentioned in subparagraph 457.223(3)(b)(i) of that Schedule; and

(iii) the employee’s position carries substantial executive responsibility; and

(iv) the employee’s qualifications for the position are appropriate; and

(v) the employee’s position is a full-time position;

(g) an employee who is the holder of a Subclass 457 (Business (Long Stay)) visa if:

(i) the employee is establishing a business activity in Australia on behalf of the employer; and

(ii) the employee’s position carries substantial executive responsibility; and

(iii) the employee’s qualifications for the position are appropriate; and

(iv) the employee’s position is a full-time position.