SUPERANNUATION (INTEREST) REGULATIONS (AMENDMENT) 1981 NO. 38 

SUPERANNUATION (INTEREST) REGULATIONS (AMENDMENT) 1981 NO. 38 
- TABLE OF PROVISIONS

1. Commencement  
2. Interpretation  


1981 No. 38 SUPERANNUATION (INTEREST) REGULATIONS (AMENDMENT)
- REG 1
Commencement


  1. These Regulations shall come into operation on 15 March 1981.


1981 No. 38 SUPERANNUATION (INTEREST) REGULATIONS (AMENDMENT)
- REG 2
Interpretation


  2. Regulation 4 of the Superannuation (Interest) Regulations is amended-
  (a)  by omitting "and" from paragraph (d) of the definition of "first day of
interest";
  (b)  by adding at the end of the definition of "first day of interest" the
following word and paragraph:

     "and (f)  where the prescribed amount is a prescribed amount referred to
in paragraph (m) of the definition of 'prescribed amount'-
           (i)  if the day on which the amount was paid to the Commissioner
was a contribution day-that day; or
          (ii)  if that day was not a contribution day-the contribution day
next following that day;";
  (c)  by omitting "and" from paragraph (j) of the definition of "prescribed
amount"; and
  (d)  by adding at the end of the definition of "prescribed amount" the
following word and paragraph:
     "and (m)  an amount paid to the Commissioner by an eligible employee to
whom section 14A applies, being an amount so paid under section 124C of the
Act as modified in its application to that employee by regulation 5 of the
Superannuation (Continuing Contributions for Benefits) Regulations;".


- NOTES


1981 No. 38*1* SUPERANNUATION (INTEREST) REGULATIONS*2* (AMENDMENT)



*1* Notified in the Commonwealth of Australia Gazette on 13 March 1981.
*2* Statutory Rules 1978 No. 253 as amended by 1980 No. 98; 1981 No. 17.