Commonwealth Numbered Regulations

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1994 No. 18 SUPERANNUATION (SALARY) REGULATIONS (AMENDMENT) - REG 3

3. New regulation 23
3.1 After regulation 22, insert: Performance pay, bonuses and commissions

"23. (1) Subject to subregulation (2), an amount of remuneration paid or
payable to an eligible employee that is:

   (a)  performance pay; or

   (b)  a bonus; or

   (c)  a commission; is not to be treated as salary for the purposes of the
        Act.



"(2) This regulation does not apply to:

   (a)  remuneration of a kind referred to in paragraph 5 (b) or (c) or
        regulation 22; or

   (b)  an increment to the salary of an eligible employee that is paid only
        on condition of a satisfactory performance appraisal.". 


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