Commonwealth Consolidated Acts Commonwealth Consolidated Acts
Superannuation Guarantee (Administration) Act 1992
1 Subsection 19(2)
Repeal the subsection, substitute:
(2) The charge percentage for a quarter in a year described in an item of the table is the number specified in column 2 of the item.
Charge percentage (unless reduced under section 22 or 23) | ||
Item | Column 1 | Column 2 |
1 | Year starting on 1 July 2013 | 9.25 |
2 | Year starting on 1 July 2014 | 9.5 |
3 | Year starting on 1 July 2015 | 9.5 |
4 | Year starting on 1 July 2016 | 9.5 |
5 | Year starting on 1 July 2017 | 9.5 |
6 | Year starting on 1 July 2018 | 9.5 |
7 | Year starting on 1 July 2019 | 9.5 |
8 | Year starting on 1 July 2020 | 9.5 |
9 | Year starting on 1 July 2021 | 10 |
10 | Year starting on 1 July 2022 | 10.5 |
11 | Year starting on 1 July 2023 | 11 |
12 | Year starting on 1 July 2024 | 11.5 |
13 | Year starting on or after 1 July 2025 | 12 |
2 Application of amendment
The amendment made by this Schedule applies for the purpose of calculations under section 19 of the Superannuation Guarantee (Administration) Act 1992 for quarters starting on or after 1 July 2015.