New South Wales Consolidated Acts

STATE AUTHORITIES NON-CONTRIBUTORY SUPERANNUATION ACT 1987 - SECT 10B

10B Commonwealth co-contribution accounts

STC must:

(a) establish and maintain, within a fund managed by STC to which Commonwealth co-contributions are paid, a separate account in respect of each employee in respect of whom Commonwealth co-contributions are paid to the fund, and

(b) credit the Commonwealth co-contributions paid in respect of the employee to that account.