Common use of APPROVED STATUS Clause in Contracts

APPROVED STATUS. 24.8.1 If the Fund ceases to be a complying superannuation fund under the superannuation legislation, or if the Fund fails to conform fully to the standards laid down by the Office of the Insurance and Superannuation Commissioner the Employer may suspend the Employer contributions immediately and until such time as compliance is achieved. 24.8.2 Upon compliance being re-established, the Employer shall pay contributions that would have been payable during the period the Fund failed to comply with the appropriate standards.

APPROVED STATUS. 24.8.1 18.8.1 If the Fund ceases to be a complying superannuation fund under the superannuation legislation, or if the Fund fails to conform fully to the standards laid down by the Office of the Insurance and Superannuation Commissioner the Employer may suspend the Employer contributions immediately and until such time as compliance is achieved. 24.8.2 18.8.2 Upon compliance being re-established, the Employer shall pay contributions that would have been payable during the period the Fund failed to comply with the appropriate standards.

APPROVED STATUS. 24.8.1 18.6.1 If the Fund ceases to be a complying superannuation fund under the superannuation legislation, or if the Fund fails to conform fully to the standards laid down by the Office of the Insurance and Superannuation Commissioner the Employer employer may suspend the Employer employer contributions immediately and until such time as compliance is achieved. 24.8.2 18.6.2 Upon compliance being re-established, the Employer employer shall pay contributions that would have been payable during the period the Fund failed to comply with the appropriate standards.