Superannuation Guarantee (Administration) Act 1992

PART 3 - LIABILITY OF EMPLOYERS OTHER THAN THE COMMONWEALTH AND TAX-EXEMPT COMMONWEALTH AUTHORITIES TO PAY SUPERANNUATION GUARANTEE CHARGE  

Division 2 - Superannuation guarantee charge payable by employers  

Subdivision A - Superannuation guarantee charge is payable on superannuation guarantee shortfalls  

SECTION 16B   SUPERANNUATION GUARANTEE SHORTFALLS  

16B(1)    
This section applies if an employer has:

(a)    one or more individual base superannuation guarantee shortfalls for a QE day that are greater than nil; or

(b)    one or more choice loadings for a QE day that are greater than nil.

16B(2)    
The employer has a superannuation guarantee shortfall for the QE day equal to the sum of the following:

(a)    the total of the employer ' s individual final superannuation guarantee shortfalls for the QE day;

(b)    the total of the employer ' s individual notional earnings components for the QE day;

(c)    the employer ' s administrative uplift amount for the QE day;

(d)    the total of the employer ' s choice loadings for the QE day.

Note:

Some (but not all) of these amounts may be nil.