Superannuation Guarantee (Administration) Act 1992
An employer ' s administration component for a quarter is the amount worked out using the formula:
| Base amount + [N × Per capita amount] |
where:
base amount is the amount (if any) prescribed in the regulations.
N is the number of employees in respect of whom the employer has an individual superannuation guarantee shortfall for the quarter.
Per capita amount is $20 or such other amount as is from time to time prescribed.
View history note
Hide history note32(2)
If:
(a) under section 74 , the employer qualifies for an amnesty in relation to part of the employer ' s superannuation guarantee shortfall for the quarter; and
(b) that shortfall includes one or more individual superannuation guarantee shortfalls for employees ( newly included employees ) for the quarter that would not have been so included if the information in the disclosure that gave rise to the amnesty were not taken into account; and
(c) any assessment of the employer ' s superannuation guarantee shortfall for the quarter that was made before the employer qualified for the amnesty did not take into account an individual superannuation guarantee shortfall for newly included employees for the quarter;
in working out under subsection (1) the employer ' s administration component for the quarter, the employer is taken not to have an individual superannuation guarantee shortfall for any of the newly included employees for the quarter.
32(3)
Despite subsection (1), an employer ' s administration component for a quarter is nil if:
(a) under section 74 , the employer qualifies for an amnesty in relation to the whole of the employer ' s superannuation guarantee shortfall for the quarter; and
(b) an assessment of the employer ' s superannuation guarantee shortfall for the quarter has not been made (or taken to have been made) under Part 4 before the employer qualified for the amnesty.
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