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 B - Individual superannuation guarantee amounts arise if qualifying earnings are paid etc.  

SECTION 17B  

17B   AN EXEMPTION CERTIFICATE CAN REDUCE THIS AMOUNT TO NIL  

However, if an employer shortfall exemption certificate is in force for the employee in relation to:

(a)    the employer; and

(b)    a period that includes the QE day;

treat the employee as having already reached the maximum contributions base before the QE day.

Note 1:

This means:

(a) the amount of the payment of qualifying earnings on the QE day is treated as if it were nil (see subsection 10A(6) ); and

(b) the individual superannuation guarantee amount is nil.

Note 2:

If the employee has more than one employer and the certificate is issued in relation to only this employer, then the certificate does not affect the other employers ' individual superannuation guarantee amounts.