Superannuation Guarantee (Administration) Act 1992
This section applies only in relation to defined benefit superannuation schemes.22(2) [Charge percentage]
(a) a benefit certificate in relation to one or more complying superannuation schemes has effect for the whole or part of a quarter; and
(b) a scheme in relation to which the certificate has effect is operating for the benefit of a person as an employee of an employer; and
(c) the certificate specifies a figure as the notional employer contribution rate in relation to a class of employees (being a class that includes the employee referred to in paragraph (b)) as members of the scheme or schemes (as the case may be);
the charge percentage for the employer, as specified in subsection 19(2), in respect of an employee in the class for the quarter, is reduced, in addition to any other such reduction made under this section or section 23 , by the amount worked out using the formula:
|A × B|
A is the figure referred to in paragraph (c);
For the purposes of subsection (2):
The charge percentage for an employer for a quarter cannot be reduced below 0.
(a) a period of leave of absence without pay granted by the employer to the employee is not to be taken into account as a period for which the employee is employed by the employer; and
(b) a benefit certificate is taken not to have effect in relation to the employee in respect of such a period.