Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) If the designated employer of an eligible employee deducts a fortnightly basic contribution or a supplementary contribution from the employee's salary:
(a) the employer is to pay the amount deducted to CSC; and
(b) if an amount deducted is not paid to CSC on the day on which it is deducted and CSC directs that this paragraph is to apply in relation to the amount--the employer is to pay to CSC interest on the amount in respect of the period beginning on the day on which the amount is deducted and ending on the day immediately before the day on which the amount is paid.
(2) CSC is to pay to the Fund any interest paid to CSC under paragraph (1)(b).