S 23B repealed by No 57 of 2025, s 3 and Sch 1 item 12, effective 1 July 2026. For application and transitional provisions, see note under s
16
. S 23B formerly read:
SECTION 23B CONTRIBUTIONS THROUGH AN APPROVED CLEARING HOUSE
23B(1)
For the purposes of a provision covered by subsection (2):
(a)
treat an employer that, at a particular time, pays an amount to an approved clearing house for the benefit of an employee as having made a contribution of the same amount to a complying superannuation fund or an RSA for the benefit of the employee at that time, if the approved clearing house accepts the payment; and
(b)
disregard any contribution that the approved clearing house makes to a complying superannuation fund or an RSA as a result of the payment.
History
S 23B(1) amended by No 95 of 2019, s 3 and Sch 7 items 15 and 16, by inserting
"
(1)
"
and substituting
"
a provision covered by subsection (2)
"
for
"
sections 23 and 23A
"
, effective 29 October 2019 and applicable in relation to working out an employer
'
s superannuation guarantee shortfall for quarters beginning on or after 1 January 2020.
23B(2)
The provisions are as follows:
(a)
section 15A (which deals with salary sacrifice arrangements);
(b)
section 23 (which deals with reduction of charge percentage);
(c)
section 23A (which deals with offsetting late payments against an employer
'
s liability to pay superannuation guarantee charge).
History
S 23B(2) inserted by No 95 of 2019, s 3 and Sch 7 item 17, effective 29 October 2019 and applicable in relation to working out an employer
'
s superannuation guarantee shortfall for quarters beginning on or after 1 January 2020.
S 23B inserted by No 56 of 2010, s 3 and Sch 1 item 3, applicable to a payment made to an approved clearing house on or after 1 July 2010.
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