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.