Taxation Laws Amendment Act (No. 2) 1996 (76 of 1996)

Schedule 3   Amendment of the Superannuation Guarantee (Administration) Act 1992

4   Subsection 23(4B)

Repeal the formula, substitute:

(Actual contribution amount / (Notional earnings base (see subsection (4C)) of the employee in relation to the current contribution period * Contribution period factor of the employee in relation to the current contribution period)) * Employment factor of the employee in relation to the current contribution period * 100