Treasury Laws Amendment (Your Future, Your Super) Act 2021 (46 of 2021)

Schedule 1   Single default account

Part 2   Consequential amendments

Superannuation Act 2005

33   Paragraph 18(3)(d)

Repeal the paragraph, substitute:

(d) assuming that the person's employer (within the meaning of the Superannuation Guarantee (Administration) Act 1992) were to make a basic employer contribution to PSSAP for the benefit of the person, the employer would rely on:

(i) subsection 32C(2) or (6) of that Act; or

(ii) subsection 32C(2AB) of that Act in a case where subparagraph 32C(2AB)(b)(i) or (ii) of that Act applies;

to satisfy the choice of fund requirements in relation to the contribution; and