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.


Copyright notice

© Australian Taxation Office for the Commonwealth of Australia

You are free to copy, adapt, modify, transmit and distribute material on this website as you wish (but not in any way that suggests the ATO or the Commonwealth endorses you or any of your services or products).