Superannuation Guarantee (Administration) Act 1992
View history note
Hide history noteThe employer is liable to pay a penalty if the employer fails to pay the amount specified in the current notice during the current notice payment period.
59C(2)
The amount of the penalty is equal to a percentage of so much of the specified amount as remains unpaid at the end of the current notice payment period. The percentage is as follows:
| Percentage used to work out the amount of the penalty | ||
| Item | If: | the percentage is: |
| 1 | a determination is made under subsection
18C(4)
covering the employer for any part of the period:
(a) starting on the imposition day (see subsection 59A(1) ); and (b) ending on the last day of the current notice payment period |
0%. |
| 2 | (a) item 1 does not apply; and
(b) the employer has become liable under subsection (1) for a penalty that is greater than nil for an earlier notice during the 24-month period ending on the day after the end of the current notice payment period |
50%. |
| 3 | neither item 1 nor 2 applies | 25%. |
Note:
Determinations under subsection 18C(4) cover employers affected by exceptional circumstances. The determination may cover an employer for a period starting before the determination is made.
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