New South Wales Consolidated Acts

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SUPERANNUATION ACT 1916 - SECT 20

Manner of payment-deduction from wages or salaries

20 Manner of payment-deduction from wages or salaries

(1) Whenever salaries or wages are paid to contributors, their employer must deduct from those salaries or wages the contributions that those contributors are required to make to the Fund.
(2) An employer who has deducted contributions in accordance with subsection (1) must pay those contributions to STC, without deduction, within:
(a) the period of 7 days immediately following the end of the contribution period to which they relate, or
(b) such extended period as STC may allow in a particular case.
(3) STC may enter into an arrangement with a contributor, or may require a contributor to enter into an arrangement with STC, for the payment of arrears of contributions to the Fund that have been incurred, or are expected to be incurred, by the contributor.
(4) Where a contributor:
(a) fails to comply with a requirement under subsection (3) to enter into an arrangement referred to in that subsection, or
(b) having entered into such an arrangement, fails to comply with its terms,
STC may direct that any period in respect of which any such arrears are outstanding is not a period of service by the contributor, and the direction shall have effect according to its tenor.
(5) Arrears in employers’ contributions (including arrears arising as a consequence of contributors commencing to contribute to the Fund after the date on which they were required to contribute) shall be payable, and shall be deemed always to have been payable, at such time or times as STC may determine.



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