SUPERANNUATION GUARANTEE (ADMINISTRATION) ACT 1992 - SECT 23B Contributions through an approved clearing house

SUPERANNUATION GUARANTEE (ADMINISTRATION) ACT 1992 - SECT 23B

  (1)   For the purposes of a provision covered by subsection   ( 2) :

  (a)   treat an employer that, at a particular time, pays an amount to an approved clearing house for the benefit of an employee as having made a contribution of the same amount to a complying superannuation fund or an RSA for the benefit of the employee at that time, if the approved clearing house accepts the payment; and

  (b)   disregard any contribution that the approved clearing house makes to a complying superannuation fund or an RSA as a result of the payment.

  (2)   The provisions are as follows:

  (a)   section   15A (which deals with salary sacrifice arrangements);

  (b)   section   2 3 (which deals with reduction of charge percentage);

  (c)   section   2 3A (which deals with offsetting late payments against an employer's liability to pay superannuation guarantee charge).