Victorian Consolidated Legislation

Accident Compensation (WorkCover Insurance) Act 1993 - SECT 3B

Superannuation benefits not readily related to particular workers or their periods of service

3B. Superannuation benefits not readily related to particular workers or their
periods of service

For the purposes of any calculation of premiums, the Authority may determine-

   (a)  whether, and the extent to which, any money paid or payable by an
        employer to a superannuation, provident or retirement fund or scheme
        that is not identified by the employer as paid or payable in respect
        of a particular worker (and whether or not purporting to be so paid or
        payable on any actuarial basis) is to be regarded as a superannuation
        benefit paid or payable in respect of a particular worker; and

   (b)  subject to section 3A, the portion of any money paid on or after 1
        January 1998 by an employer as a superannuation benefit to a wholly or
        partly unfunded fund or scheme, being money paid in respect of a
        worker (or that is to be regarded under paragraph (a) to have been so
        paid) who performed or rendered services to the employer on or after,
        as well as before, 1 January 1998, that is to be regarded as having
        been paid in respect of services performed or rendered before that
        date.