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SUPERANNUATION ACT 1916 - SECT 107 Employer to pay to or receive from the Fund any difference between actual amount paid under this Part and amount otherwise payable

SUPERANNUATION ACT 1916 - SECT 107

Employer to pay to or receive from the Fund any difference between actual amount paid under this Part and amount otherwise payable

107 Employer to pay to or receive from the Fund any difference between actual amount paid under this Part and amount otherwise payable

(1) Where--
(a) an amount that, but for section 106 (3), would be payable under this Act by a foreign contributor is greater than the amount that is paid by the foreign contributor, or
(b) an amount that, but for section 106 (3), would be payable under this Act to a foreign contributor is less than the amount that is paid to the foreign contributor,
the employer of the foreign contributor shall pay to the Fund an amount equal to the difference between the amount that, but for section 106 (3), would be payable and the amount that is paid.
(2) Where--
(a) an amount that, but for section 106 (3), would be payable under this Act by a foreign contributor is less than the amount that is paid by the foreign contributor, or
(b) an amount that, but for section 106 (3), would be payable under this Act to a foreign contributor is greater than the amount that is paid to the foreign contributor,
STC shall pay from the Fund to the employer of the foreign contributor an amount equal to the difference between the amount that, but for section 106 (3), would be payable and the amount that is paid.