Common use of Salary Sacrifice Clause in Contracts

Salary Sacrifice. 42.1 Salary Sacrifice for employer Superannuation Under this Agreement an employee may choose to sacrifice salary for employer superannuation contributions into a compliant superannuation fund. The arrangement is available to all employees and participation is at the discretion of an individual employee. Under the arrangement the following conditions will apply: (a) an employee who currently contributes to the CSS is not able to salary sacrifice into that scheme, but can salary sacrifice into a complying superannuation fund; (b) an employee who currently contributes 6% to the NTGPASS may salary sacrifice into the NTGPASS or another complying superannuation fund; (c) an employee who currently has his or her employer superannuation guarantee contributions paid to a ‘Fund of Choice’ (employed after 10 August 1999) may salary sacrifice into that ‘Fund of Choice’ or another complying superannuation fund. (d) While there is no limit to the amount an employee can salary sacrifice to superannuation, the amount sacrificed plus any other employer contributions, will be assessed against the Commonwealth concessional contribution cap relevant to their age. Contributions that exceed the cap will be taxed at the highest marginal tax rate plus Medicare levy. (e) The arrangement will operate at no additional cost to the Northern Territory Government, either directly or indirectly. (f) The arrangement will not operate to reduce employer superannuation contributions for employees that would ordinarily be payable by the Northern Territory Government in the absence of salary sacrifice arrangements. (g) When an employee who is a member of the CSS or NTGPASS enters into a salary sacrifice for employer superannuation arrangement, the employee’s annual rate of salary for superannuation purposes will remain at the rate set out in this Agreement (that is, the salary sacrifice arrangement has no effect on the employee’s annual rate of salary for superannuation purposes).

Salary Sacrifice. 42.1 Salary Sacrifice In this clause ‘superannuable salary’ means the Staff Specialist’s salary as notified from time to time to the New South Wales public sector superannuation trustee corporations as per the relevant superannuation legislation governing the fund, or, in respect of Staff Specialists who elect to have contributions made to a non public sector superannuation scheme, ‘superannuable salary’ means the Staff Specialist’s salary that would have been notified from time to time to the New South Wales public sector superannuation trustee corporations but for employer Superannuation Under this Agreement an employee may choose the Staff Specialist’s election to sacrifice salary for employer have contributions made to a non public sector superannuation contributions into a compliant superannuation fund. The arrangement is available to all employees and participation is at the discretion of an individual employee. Under the arrangement the following conditions will apply:scheme. (a) an employee who currently contributes Subject to the CSS is not able to other provisions of this clause, Staff Specialists may salary sacrifice into that scheme, but can salary sacrifice into a complying superannuation fund;from the range of benefits the Chief Executive Officer or General Manager of the Employer (or their authorised delegate) and the Union agree upon from time to time. (b) Salary sacrifice arrangements must be formalized by an employee who currently contributes 6% to agreement between the NTGPASS may salary sacrifice into Staff Specialist and the NTGPASS or another complying superannuation fund;employer. (c) an employee who currently has his or her employer superannuation guarantee contributions paid to a ‘Fund of Choice’ (employed after 10 August 1999) may The salary sacrifice into agreement must be prospective, that ‘Fund is, the agreement must be made prior to the commencement of Choice’ or another complying superannuation fundthe period of service to which the earnings relate. (d) While there is no limit Subject to Australian Taxation Law, the sacrificed amount of superannuable salary will reduce the Staff Specialist’s remuneration subject to appropriate PAYE taxation deductions by the amount an employee can salary sacrifice to superannuation, the amount sacrificed plus any other employer contributions, will be assessed against the Commonwealth concessional contribution cap relevant to their age. Contributions that exceed the cap will be taxed at the highest marginal tax rate plus Medicare levysacrificed. (e) The arrangement fringe benefits tax on the benefits chosen by the Staff Specialist that would have been payable except for the public hospital fringe benefit exemption status, will operate at no additional cost to be calculated for each Staff Specialist who enters into a salary sacrifice arrangement. This amount will be divided equally between the Northern Territory Government, either directly or indirectlyEmployer and the Staff Specialist. (f) The arrangement Any fringe benefits tax applicable to the benefits packaged by a Staff Specialist will not operate to reduce employer superannuation contributions for employees be deducted from the total amount sacrificed in that would ordinarily be payable by the Northern Territory Government in the absence of Staff Specialist’s salary sacrifice arrangementsagreement. (g) When an employee who is a member The administration cost of each salary sacrifice agreement will be shared equally by the Employer and the participating Staff Specialist. The Staff Specialist’s share will be deducted from the total amount sacrificed in that Staff Specialist’s salary sacrifice agreement. (h) Subject to Clause 9, the total amount sacrificed in any salary sacrifice agreement may be up to 100% of the CSS Staff Specialist’s superannuable salary. (i) Any allowance, payment for unused leave entitlements, weekly workers’ compensation or NTGPASS enters into other payment, other than any payment for leave taken in service, to which a Staff Specialist is entitled under this Agreement or applicable Act or statute which is expressed to be determined by reference to a Staff Specialist’s salary, shall be calculated by reference to the salary and allowances which would have applied to the Staff Specialist in the absence of any salary sacrifice for employer arrangements made pursuant to this Agreement. (j) Any pre-tax or post-tax payroll deductions must be taken into account prior to determining the amount of available salary to be sacrificed. Such payroll deductions may include but are not limited to superannuation arrangementpayments, the employee’s annual rate of salary for superannuation purposes will remain at the rate set out in this Agreement (that isHECS payments, the salary sacrifice arrangement has no effect on the employee’s annual rate of salary for superannuation purposes)child support payments, judgement debtor/garnishee orders, union fees, and private health fund membership fees.

Salary Sacrifice. 42.1 Salary Sacrifice for employer Employer Superannuation Under this Agreement an employee may choose to sacrifice salary for employer superannuation contributions into a compliant complying superannuation fund. The arrangement is available to all employees and participation is at the discretion of an individual employee. Under the arrangement the following conditions will apply: (a) an An employee who currently has their employer superannuation guarantee contributions paid to a Choice of Fund superannuation fund (e.g. employed after 10 August 1999) may salary sacrifice into that fund or another complying superannuation fund. (b) An employee who currently contributes 6% to NTGPASS may salary sacrifice into NTGPASS or another complying superannuation fund. (c) An employee who currently contributes to the CSS is not able to salary sacrifice into that scheme, scheme but can salary sacrifice into a complying superannuation fund; (b) an employee who currently contributes 6% to the NTGPASS may salary sacrifice into the NTGPASS or another complying superannuation fund; (c) an employee who currently has his or her employer superannuation guarantee contributions paid to a ‘Fund of Choice’ (employed after 10 August 1999) may salary sacrifice into that ‘Fund of Choice’ or another complying superannuation fund. (d) While there is no limit to the amount an employee can salary sacrifice to superannuation, the amount sacrificed plus any other employer contributionscontributions (whether real or notional), will be assessed against the Commonwealth concessional contribution cap relevant to their age. Contributions The employee is responsible for any tax and interest that exceed may be imposed by the cap will be taxed at Australian Taxation Office or other relevant authority for them exceeding the highest marginal tax rate plus Medicare levyCommonwealth concessional contribution cap. (e) The arrangement will operate operates at no additional cost to the Northern Territory Government, either directly or indirectly. (f) The arrangement will does not operate to reduce employer superannuation contributions for employees that would ordinarily be payable by the Northern Territory Government in the absence of salary sacrifice arrangements. (g) When an employee who is a member of the CSS CSS, NTSSS or NTGPASS enters into a salary sacrifice for employer superannuation arrangement, the employee’s annual rate of salary for superannuation purposes will remain at the rate set out in this Agreement (that is, the salary sacrifice arrangement has no effect on the employee’s annual rate of salary for superannuation purposes). Salary Sacrifice Packaging Under this Agreement an employee may choose to enter into salary sacrifice packaging arrangements in compliance with Commonwealth taxation legislation and any rules and regulations imposed by the Australian Taxation Office or other relevant authority. These salary sacrifice packaging arrangements meet the full obligations of the employer in relation to salary payments required under this Agreement. Under the arrangement the following conditions shall apply: (a) the arrangement operates at no additional cost to the Northern Territory Government either directly or indirectly; (b) salary sacrifice arrangements may cease or be modified to reflect any changes to the Commonwealth taxation legislation or rules. Any additional taxation liability arising from these changes will be met by the employee; (c) an employee shall meet any administration costs as part of the salary package arrangements, including any Fringe Benefit Tax liabilities that may arise; (d) an employee’s salary for superannuation purposes and severance and termination payments shall be the gross salary which would have been received had the employee not entered into a salary sacrifice packaging arrangement; and (e) an employee shall provide evidence of having obtained or waived their right to obtain independent financial advice prior to entering into a salary sacrifice packaging arrangement.

Salary Sacrifice. 42.1 33.1 Salary Sacrifice for employer Employer Superannuation Under this Agreement an employee may choose to sacrifice salary for employer superannuation contributions into a compliant complying superannuation fund. The arrangement is available to all employees and participation is at the discretion of an individual employee. Under the arrangement the following conditions will apply: (a) an An employee who currently has their employer superannuation guarantee contributions paid to a ‘Choice of Fund’ (employed after 10 August 1999) may salary sacrifice into that ‘Choice of Fund’ or another complying superannuation fund; (b) An employee who currently contributes 6% to Northern Territory Government and Public Authorities Superannuation Scheme (NTGPASS) may salary sacrifice into the NTGPASS or another complying superannuation fund; (c) An employee who currently contributes to the CSS Commonwealth Superannuation Scheme (CSS) is not able to salary sacrifice into that scheme, but can salary sacrifice into a complying superannuation fund; (b) an employee who currently contributes 6% to the NTGPASS may salary sacrifice into the NTGPASS or another complying superannuation fund; (c) an employee who currently has his or her employer superannuation guarantee contributions paid to a ‘Fund of Choice’ (employed after 10 August 1999) may salary sacrifice into that ‘Fund of Choice’ or another complying superannuation fund. (d) While there is no limit to the amount an employee can salary sacrifice to superannuation, the amount sacrificed plus any other employer contributions, will be assessed against the Commonwealth concessional contribution cap relevant to their age. Contributions that exceed the cap will be taxed at the highest marginal tax rate plus Medicare levy. (e) The arrangement will operate operates at no additional cost to the Northern Territory Government, either directly or indirectly.; (f) The arrangement will does not operate to reduce employer superannuation contributions for employees that would ordinarily be payable by the Northern Territory Government in the absence of salary sacrifice arrangements.; (g) When an employee who is a member of the CSS or NTGPASS enters into a salary sacrifice for employer superannuation arrangement, the employee’s annual rate of salary for superannuation purposes will shall remain at the rate set out in this Agreement (that is, the salary sacrifice arrangement has no effect on the employee’s annual rate of salary for superannuation purposes).

Salary Sacrifice. 42.1 Salary Sacrifice for employer Superannuation Under this Agreement an employee may choose Arrangements to enable salary sacrifice salary for employer superannuation contributions into a compliant superannuation fund. The arrangement is available to all employees and participation is at the discretion of an individual employee. Under the arrangement the following conditions will applyEmployee's contributions to superannuation are: (a) Individual Employees wishing to do so must nominate the amount of salary sacrifice they wish to make in writing. b) In the case of a defined benefit fund any amount over the defined benefit contribution rate will be credited to an employee who currently contributes accumulation account in the fund member’s name. c) Contributions will be fully vested and will have to be preserved in accordance with the Superannuation Industry (Supervision) Act 1993 regulations. d) The amount of salary sacrifice will be able to be varied only at intervals of 12 months on the 1st of July of each year. e) The effect of such a salary sacrifice arrangement on an Employee's salary is as follows: i. For the purposes of weekly or fortnightly pay of the annual salary and all leave pay the reduced salary will be used to calculate the amount payable, prior to overtime and /or bonuses being added. ii. Only for the purposes of making redundancy severance payments and notice paid out in lieu will the salary before any salary sacrifice will be used. iii. For the purpose of calculating superannuation retirement benefits the classification base wage will be based on the salaries before salary sacrifice. f) Salary sacrifice to the CSS superannuation scheme is not able on the basis that it remains, cost neutral to the Employer. Accordingly, if, at any time while an Employee's election to salary sacrifice into superannuation is in force, there are material changes in taxation or superannuation laws, practices or rulings that scheme, but can salary sacrifice into a complying superannuation fund; (b) an employee who currently contributes 6% materially alter the benefit to the NTGPASS may salary sacrifice into Employee or the NTGPASS or another complying superannuation fund; (c) an employee who currently has his or her employer superannuation guarantee contributions paid to a ‘Fund of Choice’ (employed after 10 August 1999) may salary sacrifice into that ‘Fund of Choice’ or another complying superannuation fund. (d) While there is no limit to the amount an employee can salary sacrifice to superannuation, the amount sacrificed plus any other employer contributions, will be assessed against the Commonwealth concessional contribution cap relevant to their age. Contributions that exceed the cap will be taxed at the highest marginal tax rate plus Medicare levy. (e) The arrangement will operate at no additional cost to the Northern Territory GovernmentEmployer of acting in accordance with the election, either directly the Employee or indirectlythe Employer, may, upon 1 months’ notice in writing, terminate the election. (fg) The arrangement Employer will not operate make available salary packaging arrangements subject to reduce employer superannuation contributions for employees that would ordinarily be payable by cost neutrality to the Northern Territory Government in Employer on the absence of same basis applicable to salary sacrifice arrangementsSuperannuation arrangements and that the Employee seeks independent financial advice. (g) When an employee who is a member of the CSS or NTGPASS enters into a salary sacrifice for employer superannuation arrangement, the employee’s annual rate of salary for superannuation purposes will remain at the rate set out in this Agreement (that is, the salary sacrifice arrangement has no effect on the employee’s annual rate of salary for superannuation purposes).

Salary Sacrifice. 42.1 Salary Sacrifice Where it is agreed between the Company and the Employee that an Employee wishes to have their pay salary sacrificed for employer Superannuation Under this Agreement an employee may choose additional Superannuation, the Company will comply with the Employee’s request within two weeks. Details of any salary sacrifice arrangements shall be reflected on the Employee’s pay slip. Employees who elect to sacrifice salary for employer superannuation a proportion of their wages to their nominated Superannuation fund may request that the Company make deductions from gross income. These arrangements shall be altered only twice a year if requested. In order to gain the benefit from making Superannuation contributions into a compliant superannuation fund. The arrangement is available to all employees and participation is at the discretion of an individual employee. Under the arrangement the following conditions will apply: (a) an employee who currently contributes to the CSS is not able to salary sacrifice into that scheme, but can salary sacrifice into a complying superannuation fund; (b) an employee who currently contributes 6% to the NTGPASS may salary sacrifice into the NTGPASS or another complying superannuation fund; (c) an employee who currently has his or her employer superannuation guarantee contributions paid to a ‘Fund of Choice’ (employed after 10 August 1999) may salary sacrifice into that ‘Fund of Choice’ or another complying superannuation fund. (d) While there is no limit to the amount an employee can from gross earnings salary sacrifice to superannuationSuperannuation may be agreed between the Parties and must legally fulfil SGAA and Australian Taxation Office (ATO) requirements. In line with legislation and ATO guidelines, superannuation contributions will be calculated on the gross normal wage. Any salary sacrifice arrangements entered into between the Parties shall: • Not disadvantage the Employee and the Company in any way, • Be effective only on the written authority of the Employee, • Immediately be stopped at the written request of the Employee • Have a statement provided to the Employee detailing the salary sacrifice at the end of each financial year, (this will be provided by the fund not the Company) • Not reduce or alter the Companies superannuation contribution calculation or obligation to pay superannuation under SGAA or SGCA, • Not reduce the Employee’s hourly all-purpose rate of pay for the purposes of Award entitlements (including accrued entitlements and the application of penalty rates), • Immediately be reviewed in the event of any change to any relevant act(s) or ATO rulings. Where an Employee elects to salary sacrifice, the amount sacrificed plus any other employer contributions, will be assessed against the Commonwealth concessional contribution cap relevant to Employee may receive less actual pay than their age. Contributions that exceed the cap will be taxed at the highest marginal tax classification rate plus Medicare levy. (e) The arrangement will operate at no additional cost to the Northern Territory Government, either directly or indirectly. (f) The arrangement will not operate to reduce employer superannuation contributions for employees that would ordinarily be payable by the Northern Territory Government in the absence of salary sacrifice arrangements. (g) When an employee who is a member of the CSS or NTGPASS enters into a salary sacrifice for employer superannuation arrangement, the employee’s annual rate of salary for superannuation purposes will remain at the rate set out specified in this Agreement (that is, i.e. the classification rate less the salary sacrifice arrangement has no effect on the employee’s annual rate of salary for superannuation purposesamount).

Salary Sacrifice. 42.1 Salary Sacrifice for employer Employer Superannuation Under this Agreement an employee may choose to sacrifice salary for employer superannuation contributions into a compliant complying superannuation fund. The arrangement is available to all employees and participation is at the discretion of an individual employee. Under the arrangement the following conditions will apply: (a) an An employee who currently has their employer superannuation guarantee contributions paid to a Choice of Fund superannuation fund (e.g., employed after 10 August 1999) may salary sacrifice into that fund or another complying superannuation fund. (b) An employee who currently contributes 6% to NTGPASS may salary sacrifice into NTGPASS or another complying superannuation fund. (c) An employee who currently contributes to the CSS is not able to salary sacrifice into that scheme, but can salary sacrifice into a complying superannuation fund; (b) an employee who currently contributes 6% to the NTGPASS may salary sacrifice into the NTGPASS or another complying superannuation fund; (c) an employee who currently has his or her employer superannuation guarantee contributions paid to a ‘Fund of Choice’ (employed after 10 August 1999) may salary sacrifice into that ‘Fund of Choice’ or another complying superannuation fund. (d) While there is no limit to the amount an employee can salary sacrifice to superannuation, the amount sacrificed plus any other employer contributionscontributions (whether real or notional), will be assessed against the Commonwealth concessional contribution cap relevant to their age. Contributions The employee is responsible for any tax and interest that exceed may be imposed by the cap will be taxed at Australian Taxation Office or other relevant authority for them exceeding the highest marginal tax rate plus Medicare levyCommonwealth concessional contribution cap. (e) The arrangement will operate operates at no additional cost to the Northern Territory Government, either directly or indirectly. (f) The arrangement will does not operate to reduce employer superannuation contributions for employees that would ordinarily be payable by the Northern Territory Government in the absence of salary sacrifice arrangements. (g) When an employee who is a member of the CSS CSS, NTSSS or NTGPASS enters into a salary sacrifice for employer superannuation arrangement, the employee’s annual rate of salary for superannuation purposes will remain at the rate set out in this Agreement (that is, the salary sacrifice arrangement has no effect on the employee’s annual rate of salary for superannuation purposes). Salary Sacrifice Packaging Under this Agreement an employee may choose to enter into salary sacrifice packaging arrangements in compliance with Commonwealth taxation legislation and any rules and regulations imposed by the Australian Taxation Office or other relevant authority. These salary sacrifice packaging arrangements meet the full obligations of the employer in relation to salary payments required under this Agreement. Under the arrangement the following conditions will apply: (a) the arrangement operates at no additional cost to the Northern Territory Government either directly or indirectly; (b) salary sacrifice arrangements may cease or be modified to reflect any changes to the Commonwealth taxation legislation or rules. Any additional taxation liability arising from these changes will be met by the employee; (c) an employee will meet any administration costs as part of the salary package arrangements, including any Fringe Benefit Tax liabilities that may arise; (d) an employee’s salary for superannuation purposes and severance and termination payments will be the gross salary which would have been received had the employee not entered into a salary sacrifice packaging arrangement; and (e) an employee will provide evidence of having obtained or waived their right to obtain independent financial advice prior to entering into a salary sacrifice packaging arrangement.

Salary Sacrifice. 42.1 66.1 Salary Sacrifice for employer Employer Superannuation Under this Agreement an employee may choose to sacrifice salary for employer Employer superannuation contributions into a compliant complying superannuation fund. The arrangement is available to all employees and participation is at the discretion of an individual employee. Under the arrangement the following conditions will apply: (a) an An employee who currently has his or her Employer superannuation guarantee contributions paid to a ‘Choice of Fund’ (employed after 10 August 1999) may salary sacrifice into that ‘Choice of Fund’ or another complying superannuation fund. (b) An employee who currently contributes 6% to NTGPASS may salary sacrifice into the NTGPASS or another complying superannuation fund. (c) An employee who currently contributes to the CSS is not able to salary sacrifice into that scheme, scheme but can salary sacrifice into a complying superannuation fund; (b) an employee who currently contributes 6% to the NTGPASS may salary sacrifice into the NTGPASS or another complying superannuation fund; (c) an employee who currently has his or her employer superannuation guarantee contributions paid to a ‘Fund of Choice’ (employed after 10 August 1999) may salary sacrifice into that ‘Fund of Choice’ or another complying superannuation fund. (d) While there is no limit to the amount an employee can salary sacrifice to superannuation, the amount sacrificed plus any other employer Employer contributions, will be assessed against the Commonwealth concessional contribution cap relevant to their age. Contributions that exceed the cap will be taxed at the highest marginal tax rate plus Medicare levy. (e) The arrangement will operate operates at no additional cost to the Northern Territory Government, either directly or indirectly. (f) The arrangement will does not operate to reduce employer Employer superannuation contributions for employees that would ordinarily be payable by the Northern Territory Government in the absence of salary sacrifice arrangements. (g) When an employee who is a member of the CSS or NTGPASS enters into a salary sacrifice for employer Employer superannuation arrangement, the employee’s annual rate of salary for superannuation purposes will remain at the rate set out in this Agreement (that is, the salary sacrifice arrangement has no effect on the employee’s annual rate of salary for superannuation purposes).

Salary Sacrifice. 42.1 34.1 Salary Sacrifice for employer Employer Superannuation Under this Agreement an employee may choose to sacrifice salary for employer superannuation contributions into a compliant complying superannuation fund. The arrangement is available to all employees and participation is at the discretion of an individual employee. Under the arrangement the following conditions will apply: (a) an An employee who currently has their employer superannuation guarantee contributions paid to a Choice of Fund superannuation fund (eg employed after 10 August 1999) may salary sacrifice into that fund or another complying superannuation fund. (b) An employee who currently contributes 6% to NTGPASS may salary sacrifice into NTGPASS or another complying superannuation fund. (c) An employee who currently contributes to the CSS is not able to salary sacrifice into that scheme, scheme but can salary sacrifice into a complying superannuation fund; (b) an employee who currently contributes 6% to the NTGPASS may salary sacrifice into the NTGPASS or another complying superannuation fund; (c) an employee who currently has his or her employer superannuation guarantee contributions paid to a ‘Fund of Choice’ (employed after 10 August 1999) may salary sacrifice into that ‘Fund of Choice’ or another complying superannuation fund. (d) While there is no limit to the amount an employee can salary sacrifice to superannuation, the amount sacrificed plus any other employer contributionscontributions (whether real or notional), will be assessed against the Commonwealth concessional contribution cap relevant to their age. Contributions The employee is responsible for any tax and interest that exceed may be imposed by the cap will be taxed at Australian Taxation Office or other relevant authority for them exceeding the highest marginal tax rate plus Medicare levyCommonwealth concessional contribution cap. (e) The arrangement will operate operates at no additional cost to the Northern Territory Government, either directly or indirectly. (f) The arrangement will does not operate to reduce employer superannuation contributions for employees that would ordinarily be payable by the Northern Territory Government in the absence of salary sacrifice arrangements. (g) When an employee who is a member of the CSS CSS, NTSSS or NTGPASS enters into a salary sacrifice for employer superannuation arrangement, the employee’s annual rate of salary for superannuation purposes will remain at the rate set out in this Agreement (that is, the salary sacrifice arrangement has no effect on the employee’s annual rate of salary for superannuation purposes).

Salary Sacrifice. 42.1 Salary Sacrifice for employer Superannuation Under Notwithstanding the salaries prescribed by this Agreement Clause, an employee may choose elect, subject to the agreement of TransGrid, to sacrifice a portion of the salary payable under this Clause to additional employer superannuation contributions. Such election must be made prior to the commencement of the period of service to which the earnings relate. Where the employee has elected to sacrifice a portion of that payable salary to additional employer superannuation contributions: a) subject to Australian Taxation law, the sacrificed portion of salary will reduce the salary subject to appropriate PAYG taxation deductions by the amount of that sacrificed portion; and b) those allowances, penalty rates, payments for unused leave entitlements, weekly worker’s compensation or other payments, to which an employee is entitled under this Agreement and which are determined by reference to an employee’s salary shall be calculated by reference to the salary before any sacrifice for superannuation under this Agreement. c) The employee may elect to have the portion of payable salary, which is sacrificed to additional employer superannuation contributions: i. paid to the Energy Industries Superannuation Scheme Division A; or ii. subject to TransGrid's agreement, paid to a private sector complying superannuation scheme as employer superannuation contributions. d) Where the employee elects to sacrifice salary for in terms of subclause (c) above TransGrid will pay the sacrificed amount into the relevant superannuation scheme. TransGrid must ensure that the amount of any additional employer superannuation contributions into a compliant superannuation fund. The arrangement is available to all employees and participation is at the discretion of an individual employee. Under the arrangement the following conditions will apply: specified in subclause (a) an employee who currently contributes above is included in the employee’s superable salary, which is notified to the CSS is not able to salary sacrifice into that scheme, but can salary sacrifice into a complying superannuation fund; (b) an employee who currently contributes 6% to relevant Trustee as required under the NTGPASS may salary sacrifice into the NTGPASS or another complying superannuation fund; (c) an employee who currently has his or her employer superannuation guarantee contributions paid to a ‘Fund of Choice’ (employed after 10 August 1999) may salary sacrifice into that ‘Fund of Choice’ or another complying superannuation fundscheme rules. (de) While there is no limit Where, prior to the amount an employee can electing to sacrifice a portion of his/her salary sacrifice to superannuation, an employee had entered into an agreement with TransGrid to have superannuation contributions made to a superannuation scheme other than a scheme contained in the amount Energy Industries Superannuation Scheme Trust Deed, TransGrid will continue to base contributions to that other scheme on the salary payable under this Clause to the same extent as applied before the employee sacrificed plus any other employer contributions, will portion of that salary to superannuation. This Clause applies even though the superannuation contributions made by TransGrid may be assessed against the Commonwealth concessional contribution cap relevant to their age. Contributions that exceed the cap will be taxed at the highest marginal tax rate plus Medicare levyin excess of superannuation guarantee requirements after salary sacrifice is implemented. (e) The arrangement will operate at no additional cost to the Northern Territory Government, either directly or indirectly. (f) The arrangement will not operate to reduce employer superannuation contributions for employees that would ordinarily be payable by the Northern Territory Government in the absence of salary sacrifice arrangements. (g) When an employee who is a member of the CSS or NTGPASS enters into a salary sacrifice for employer superannuation arrangement, the employee’s annual rate of salary for superannuation purposes will remain at the rate set out in this Agreement (that is, Additional taxation costs associated with the salary sacrifice arrangement has no effect on the employee’s annual rate of salary for superannuation purposes)will not be borne by TransGrid and deduction limits may be imposed to avoid additional taxation costs to TransGrid.

Salary Sacrifice. 42.1 Salary Sacrifice The company shall allow employees to participate in a salary sacrifice scheme that conforms with legislation. From the date nominate by ▇▇▇▇▇ ▇▇▇▇▇ Milk Joint Venture as the date of commencement and subject to any relevant taxation and superannuation legislation, regulations and/or rules, Norco Pauls Milk Joint Venture may, if so requested by a weekly full-time or weekly part-time employee, agree to allow the employee to sacrifice part of their gross weekly ordinary time base rate of pay (excluding overtime/shift/weekend/public holiday penalties and any allowances which are not paid for employer Superannuation Under all purposes) (”weekly pay”) as superannuation contributions (salary sacrifice contributions) in accordance with the following provisions: a) The salary sacrifice contributions may only be made to the superannuation funds to which ▇▇▇▇▇ ▇▇▇▇▇ Milk Joint Venture makes the employees' superannuation contributions under this Agreement and only if such fund is permitted to accept the salary sacrifice contributions (nominated plan). b) An employee must request and authorize ▇▇▇▇▇ ▇▇▇▇▇ Milk Joint Venture in writing to make salary sacrifice contributions to the nominated plan and complete and sign any documentation required by ▇▇▇▇▇ ▇▇▇▇▇ Milk Joint Venture or the fund manager or trustee (as the case may be) of the nominated plan. c) Salary sacrifice contributions made for an employee may choose are in addition to the contributions ▇▇▇▇▇ ▇▇▇▇▇ Milk Joint Venture is required to make for the employee under the superannuation guarantee legislation (“Norco Pauls Milk Joint Venture superannuation contributions). d) The amount of salary sacrifice contributions are to be nominated by the employee and must be expressed as an amount of money and not as a percentage of their weekly pay and such amount is not to exceed 45% of the employee's weekly pay provided that the aggregate of the salary for employer sacrifice contributions and the Norco Pauls Milk Joint Venture superannuation contributions into a compliant do not exceed in any relevant period the employee's age- based deduction limited (as determined from time to time under the relevant superannuation fund. legislation). e) The arrangement is available to all employees and participation is at the discretion amount of an individual employee. Under the arrangement the following conditions will apply: (a) an employee who currently contributes to the CSS is not able to any salary sacrifice into that scheme, but can salary sacrifice into a complying superannuation fund; (b) an employee who currently contributes 6% to contribution is deducted from the NTGPASS may salary sacrifice into the NTGPASS or another complying superannuation fund; (c) an employee who currently has his or her employer superannuation guarantee contributions paid to a ‘Fund of Choice’ (employed after 10 August 1999) may salary sacrifice into that ‘Fund of Choice’ or another complying superannuation fund. (d) While there is no limit to the amount an employee can salary sacrifice to superannuationemployee's weekly pay. However, the amount sacrificed plus of the employee's weekly pay without any other employer deduction for salary sacrifice contributions will be used for the purposes of calculating the Norco Pauls Milk Joint Venture superannuation contributions, annual leave loading, overtime, penalty rates, payment of accrued leave on termination and, if applicable, payment in lieu of notice and severance payments. f) ▇▇▇▇▇ ▇▇▇▇▇ Milk Joint Venture will be assessed against remit salary sacrifice contributions to the Commonwealth concessional contribution cap relevant to their age. Contributions that exceed the cap will be taxed nominated plan at the highest marginal tax rate plus Medicare levysame time that ▇▇▇▇▇ ▇▇▇▇▇ Milk Joint Venture superannuation contributions are made. (eg) The arrangement will operate at no additional cost to After having nominated the Northern Territory Government, either directly or indirectly. (f) The arrangement will not operate to reduce employer superannuation contributions for employees that would ordinarily be payable by the Northern Territory Government in the absence amount of salary sacrifice arrangementscontributions to be made, the employee (except in cases of demonstrated hardship) may not change the amount more than once in any twelve (12) month period. (gh) When an Unless there is written agreement between ▇▇▇▇▇ ▇▇▇▇▇ Milk Joint Venture and the employee who to the contrary, all salary sacrifice contributions shall cease during any period when the employee is a member receiving workers compensation payments and during any period of leave without pay including, without limitation, period of unpaid sick leave. i) ▇▇▇▇▇ ▇▇▇▇▇ Milk Joint Venture may at any time in its absolute discretion cease to make salary sacrifice contributions on behalf of the CSS or NTGPASS enters into a salary sacrifice for employer superannuation arrangement, employee and will advise the employee’s annual rate of salary for superannuation purposes will remain employee in writing accordingly. j) The employee may at the rate set out any time advise ▇▇▇▇▇ ▇▇▇▇▇ Milk Joint Venture in this Agreement (that is, writing to cease making the salary sacrifice arrangement has no effect contributions on behalf of the employee’s annual rate of salary for superannuation purposes).

Salary Sacrifice. 42.1 Salary Sacrifice for employer Superannuation Under this Agreement an employee may choose Subject to sacrifice salary for employer superannuation contributions into a compliant superannuation fund. The arrangement is available to all employees and participation is at the discretion of an individual employee. Under the arrangement the following conditions will apply: (a) an employee who currently contributes must apply to the CSS is not able Council to salary sacrifice into that scheme, but can any part of his/her salary to make additional contributions to the Local Government Superannuation Scheme. As salary sacrifice into is a complying superannuation fund; (b) an employee who currently contributes 6% complex matter, it is the employee's responsibility to the NTGPASS may seek advice and fully understand all implications of salary sacrifice before seeking to enter into the NTGPASS or another complying superannuation fund; (c) an employee who currently has his or her employer superannuation guarantee contributions paid to a ‘Fund of Choice’ (employed after 10 August 1999) may this arrangement. The employee's substantive gross salary sacrifice into that ‘Fund of Choice’ or another complying superannuation fund. (d) While there is no limit to the amount an employee can salary sacrifice for all purposes, including but not limited to superannuation, annual leave, annual leave loading and long service leave, shall be the pre-sacrificing salary. Any such arrangement shall be by mutual agreement between each individual employee and the Council, provided that approval by the Council shall not be unreasonably withheld. The application shall be in writing on the form provided by the payroll officer and shall detail the percentage of salary to be salary sacrificed together with a statement that the cash component is adequate for his/her on-going living expenses. The remaining cash component cannot be lower than any minimum salary amount which the Council may otherwise be required to satisfy in respect of an employee. Employees may review and alter the percentage of salary to be salary sacrificed plus at any time. The arrangements may only apply to future salary arrangements and cannot operate retrospectively. The individual agreement to salary sacrifice may be rescinded by the employee provided one month prior notice in writing is given to the Council officer responsible for payroll. The employee shall bear the responsibility and costs associated with taxation and any other employer contributions, will be assessed against matters in respect of the Commonwealth concessional contribution cap relevant to their age. Contributions that exceed the cap will be taxed at the highest marginal tax rate plus Medicare levy. (e) The arrangement will operate at no additional cost to the Northern Territory Government, either directly or indirectly. (f) The arrangement will not operate to reduce employer superannuation contributions for employees that would ordinarily be payable by the Northern Territory Government in the absence of salary sacrifice arrangements. . This means that contributions made to the Local Government Superannuation Scheme will be adjusted (g) When an employee who is a member of the CSS or NTGPASS enters into a salary sacrifice for employer superannuation arrangement, at the employee’s annual rate 's cost) to take account of salary for taxation payable in relation to those contributions. Salary sacrifice contributions will be treated as employer contributions and may be subject to the superannuation purposes will remain at the rate set out in this Agreement (that is, the salary sacrifice arrangement has no effect on the employee’s annual rate of salary for superannuation purposes)surcharge and are likely to be preserved.

Salary Sacrifice. 42.1 Salary Sacrifice for employer Superannuation Under Notwithstanding the salaries prescribed by this Agreement clause, an employee may choose elect, subject to the agreement of TransGrid, to sacrifice a portion of the salary payable under this clause to additional employer superannuation contributions. Such election must be made prior to the c ommencement of the period of service to which the earnings relate. Where the employee has elected to sacrifice a portion of that payable salary to additional employer superannuation contributions: a) subject to Australian Taxation law, the sacrificed portion of salary will reduce the salary subject to appropriate PAYG taxation deductions by the amount of that sacrificed portion; and b) those allowances, penalty rates, payments for unused leave entitlements, weekly worker’s compensation or other payments, to which an employee is entitled under this Agreement and which are determined by reference to an employee’s salary shall be calculated by reference to the salary before any sacrifice for superannuation under this Agreement. c) The employee may elect to have the portion of payable salary, which is sacrificed to additional employer superannuation contributions: i. paid to the Energy Industries Superannuation Scheme Division A; or ii. paid to a private sector complying superannuation scheme as employer superannuation contributions. d) Where the employee elects to sacrifice salary for in terms of subclause (c) above TransGrid will pay the sacrificed amount into the relevant superannuation scheme. TransGrid must ensure that the amount of any additional employer superannuation contributions into a compliant superannuation fund. The arrangement is available to all employees and participation is at the discretion of an individual employee. Under the arrangement the following conditions will apply: specified in subclause (a) an employee who currently contributes above is included in the employee’s superable salary, which is notified to the CSS is not able to salary sacrifice into that scheme, but can salary sacrifice into a complying superannuation fund; (b) an employee who currently contributes 6% to relevant Trustee as required under the NTGPASS may salary sacrifice into the NTGPASS or another complying superannuation fund; (c) an employee who currently has his or her employer superannuation guarantee contributions paid to a ‘Fund of Choice’ (employed after 10 August 1999) may salary sacrifice into that ‘Fund of Choice’ or another complying superannuation fundscheme rules. (de) While there is no limit Where, prior to the amount an employee can electing to sacrifice a portion of his/her salary sacrifice to superannuation, an employee had entered into an agreement with TransGrid to have superannuation contributions made to a superannuation scheme other than a scheme contained in the amount Energy Industries Superannuation Scheme Trust Deed, TransGrid will continue to base contributions to that other scheme on the salary payable under this clause to the same extent as applied before the employee sacrificed plus any other employer contributions, will portion of that salary to superannuation. This clause applies even though the superannuation contributions made by TransGrid may be assessed against the Commonwealth concessional contribution cap relevant to their age. Contributions that exceed the cap will be taxed at the highest marginal tax rate plus Medicare levyin excess of superannuation guarantee requirements after salary sacrifice is implemented. (e) The arrangement will operate at no additional cost to the Northern Territory Government, either directly or indirectly. (f) The arrangement will not operate to reduce employer superannuation contributions for employees that would ordinarily be payable by the Northern Territory Government in the absence of salary sacrifice arrangements. (g) When an employee who is a member of the CSS or NTGPASS enters into a salary sacrifice for employer superannuation arrangement, the employee’s annual rate of salary for superannuation purposes will remain at the rate set out in this Agreement (that is, Additional taxation costs associated with the salary sacrifice arrangement has no effect on the employee’s annual rate of salary for superannuation purposes)will not be borne by TransGrid and deduction limits may be imposed to avoid additional taxation costs to TransGrid.

Salary Sacrifice. 42.1 Salary Sacrifice An Employee may make an agreement with the Employer for employer Superannuation Under this Agreement an employee may choose to sacrifice salary for employer superannuation contributions into a compliant superannuation fundsacrifice. The arrangement is available to all employees and participation is at the discretion Employee must specify an amount or a percentage of an individual employee. Under the arrangement the following conditions will apply: (a) an employee who currently contributes to the CSS is not able to salary sacrifice into that scheme, but can salary sacrifice into a complying superannuation fund; (b) an employee who currently contributes 6% to the NTGPASS may salary sacrifice into the NTGPASS or another complying superannuation fund; (c) an employee who currently has ordinary time earnings by which his or her employer salary is to be reduced (“the salary sacrifice”). The salary sacrifice will be deducted from the Employee’s salary and contributed by the Employer to the Fund each month. The Employer will continue to calculate the contributions required by clause 23.1 above and the Superannuation Guarantee (Administration) ▇▇▇ ▇▇▇▇ on the basis of the Employee’s ordinary time earnings before the salary sacrifice is deducted. Salary sacrifice deductions will be made during a period of paid leave and the Employee will receive the rate of pay specified under this agreement less the salary sacrifice deduction. Calculation of salary for the purpose of leave accruals and other payments due on termination of employment shall be calculated on a rate of pay which includes the salary sacrifice contributions. The Employee may revoke the salary sacrifice agreement or alter the amount to be deducted on no more than two occasions in each calendar year. The name of the Fund and the amount of any contributions remitted to the fund, whether superannuation guarantee contributions, salary sacrifice contributions or voluntary contributions must be included in pay slips provided by the Employer to each Employee. ACCIDENT MAKE-UP PAY The conditions under which an employee shall qualify for accident make-up payment shall be as prescribed hereunder: The employer shall pay an employee accident make-up payment where the employee receives an injury for which weekly payment of compensation is payable by or on behalf of the employer pursuant to the provisions of the appropriate Workers’ Compensation Act or Ordinance as amended from time to time. Accident make-up payment means a weekly payment of an amount being the difference between the weekly amount of compensation paid to a ‘Fund of Choice’ (employed after 10 August 1999) may salary sacrifice into that ‘Fund of Choice’ or another complying superannuation fund. (d) While there is no limit the employee pursuant to the amount an employee can salary sacrifice to superannuation, the amount sacrificed plus any other employer contributions, will be assessed against the Commonwealth concessional contribution cap relevant to their age. Contributions that exceed the cap will be taxed at the highest marginal tax rate plus Medicare levy. (e) The arrangement will operate at no additional cost to the Northern Territory Government, either directly said appropriate Workers’ Compensation Act or indirectly. (f) The arrangement will not operate to reduce employer superannuation contributions for employees that would ordinarily be payable by the Northern Territory Government in the absence of salary sacrifice arrangements. (g) When an employee who is a member of the CSS or NTGPASS enters into a salary sacrifice for employer superannuation arrangement, Ordinance and the employee’s annual appropriate agreement rate, or, where the incapacity is for a lesser period than one week, the difference between the amount of compensation and the said agreement rate for that period. For the purposes of salary for superannuation this Agreement “appropriate agreement rate” includes additional remuneration by way of qualifications allowances and seniors allowance, shift allowances and Saturday and Sunday rates, overtime payments, special rates or other similar regular payments. For the purposes of this clause the total rate will remain be determined by averaging the payments to the Employee during the last 13 weeks at work. The employer shall pay, or cause to be paid, accident make-up payment during the incapacity of the employee within the meaning of the said appropriate Act or Ordinance until such incapacity ceases or until the expiration of a period of 39 weeks from the date of injury, payment prescribed shall apply only in respect of an incapacity which results from an injury which is current during the first pay period commencing on or after or which occurs subsequent to that pay period. The liability of the employer to pay make-up payment in accordance with this clause shall arise as at the rate set out date of the injury or accident in this Agreement (that isrespect of which compensation is payable under the said appropriate Act or Ordinance, and the salary sacrifice arrangement has no effect on termination of the employee’s annual rate employment for any reason during the period of salary any incapacity shall in no way affect the liability of the employer to pay accident make-up payment as provided in this clause. In the event that the employee receives a lump sum in redemption of weekly payments under the appropriate Act or Ordinance, the liability of the employer to pay accident make-up payment as herein provided shall cease from the date of such redemption. Where an employee is absent from duty on account of a disability or required to attend a chiropodist/podiatrist, chiropractor, dentist, optometrist, osteopath, physiotherapist or psychologist, the employee shall be granted out of personal leave entitlements leave of absence for superannuation purposes)a period not exceeding five working days in aggregate in any personal leave accrual year.

Salary Sacrifice. 42.1 Salary Sacrifice for employer Superannuation Under this Agreement an The company shall allow employees to participate in a salary sacrifice scheme that conforms with legislation. From the date nominated by Norco Co-operative as the date of commencement and subject to any relevant taxation and superannuation legislation, regulations and/or rules, Norco Co- operative may, if so requested by a weekly full-time or weekly part-time employee, agree to allow the employee may choose to sacrifice salary part of their gross weekly ordinary time base rate of pay (excluding overtime/shift/weekend/public holiday penalties and any allowances which are not paid for employer all purposes) (”weekly pay”) as superannuation contributions into a compliant superannuation fund. The arrangement is available to all employees and participation is at the discretion of an individual employee. Under the arrangement (salary sacrifice contributions) in accordance with the following conditions will applyprovisions: (a) an employee who currently contributes The salary sacrifice contributions may only be made to the CSS superannuation funds to which Norco Co-operative makes the employees’ superannuation contributions under this Agreement and only if such fund is not able permitted to accept the salary sacrifice into that scheme, but can salary sacrifice into a complying superannuation fund;contributions (nominated plan). (b) an An employee who currently contributes 6% must request and authorize Norco Co-operative in writing to make salary sacrifice contributions to the NTGPASS nominated plan and complete and sign any documentation required by Norco Co-operative or the fund manager or trustee (as the case may salary sacrifice into be) of the NTGPASS or another complying superannuation fund;nominated plan. (c) Salary sacrifice contributions made for an employee who currently has his or her employer are in addition to the contributions Norco Co-operative is required to make for the employee under the superannuation guarantee contributions paid to a ‘Fund of Choice’ legislation (employed after 10 August 1999) may salary sacrifice into that ‘Fund of Choice’ or another complying “Norco Co-operative superannuation fundcontributions). (d) While there is no limit to the The amount an employee can of salary sacrifice contributions are to superannuation, be nominated by the employee and must be expressed as an amount sacrificed plus of money and not as a percentage of their weekly pay and such amount is not to exceed 45% of the employee’s weekly pay provided that the aggregate of the salary sacrifice contributions and the Norco Co-operative superannuation contributions do not exceed in any other employer contributions, will be assessed against relevant period the Commonwealth concessional contribution cap employee’s deduction limit (as determined from time to time under the relevant to their age. Contributions that exceed the cap will be taxed at the highest marginal tax rate plus Medicare levysuperannuation legislation). (e) The arrangement will operate at no additional cost to the Northern Territory Government, either directly or indirectly. (f) The arrangement will not operate to reduce employer superannuation contributions for employees that would ordinarily be payable by the Northern Territory Government in the absence amount of any salary sacrifice arrangements. (g) When an employee who contribution is a member of the CSS or NTGPASS enters into a salary sacrifice for employer superannuation arrangement, deducted from the employee’s annual rate of salary for superannuation purposes will remain at the rate set out in this Agreement (that isweekly pay. However, the salary sacrifice arrangement has no effect on amount of the employee’s weekly pay without any deduction for salary sacrifice contributions will be used for the purposes of calculating the Norco Co-operative superannuation contributions, annual rate leave loading, overtime, penalty rates, payment of salary for superannuation purposes)accrued leave on termination and, if applicable, payment in lieu of notice and severance payments.

Salary Sacrifice. 42.1 Salary Sacrifice for employer Superannuation Under this Agreement a) The Oasis Management and an employee may choose agree to sacrifice a portion of the pre-tax ordinary pay as prescribed by the agreement to the value of the benefits as identified in subclause (b) of this clause. Agreement to salary for employer superannuation contributions into a compliant superannuation fund. The arrangement is available to all employees and participation is at the discretion of an individual employee. Under the arrangement the following conditions will applysacrifice shall not unreasonably be withheld. b) Benefits that may be salary sacrificed include, but are not limited to: (ai) an motor vehicles, supplied by The Oasis under a leaseback arrangement (ii) additional superannuation c) The value of the benefits shall be agreed between The Oasis Management and employee who currently contributes and shall include fringe benefits tax where applicable. The amount that may be salary sacrificed in cases where The Oasis Management supplies vehicles under a leaseback arrangement, is the amount the leaseback rate is in excess of the employee's contribution from after tax salary necessary to negate the fringe benefit liability. d) The benefits to be salary sacrificed and their value shall be in writing and signed by both The Oasis Management and the employee. e) Except as otherwise agreed, the employee may request in writing to change the benefits to be salary sacrificed once per year and The Oasis Management shall not unreasonably refuse the request. f) An amount equal to the CSS difference between the employee's ordinary pay as prescribed by this agreement, and the value of the benefits received by the employee, shall be paid by The Oasis Management to the employee. g) The employee is not able to responsible for seeking appropriate financial advice when entering into any arrangement under this clause. h) The Oasis will ensure that the salary sacrifice into that scheme, but can salary sacrifice into a complying superannuation fund; (b) an employee who currently contributes 6% arrangement complies with taxation and other relevant laws. The Oasis Management has the right to the NTGPASS may salary sacrifice into the NTGPASS or another complying superannuation fund; (c) an employee who currently has his or her employer superannuation guarantee contributions paid to a ‘Fund of Choice’ (employed after 10 August 1999) may salary sacrifice into that ‘Fund of Choice’ or another complying superannuation fund. (d) While there is no limit to the amount an employee can vary and/or withdraw from offering salary sacrifice to superannuation, the amount sacrificed plus employees with appropriate notice if there is any other employer contributions, will be assessed against the Commonwealth concessional contribution cap alteration to relevant legislation that is detrimental to their age. Contributions that exceed the cap will be taxed at the highest marginal tax rate plus Medicare levy. (e) The arrangement will operate at no additional cost to the Northern Territory Government, either directly or indirectly. (f) The arrangement will not operate to reduce employer superannuation contributions for employees that would ordinarily be payable by the Northern Territory Government in the absence of salary sacrifice arrangements. (gi) When an employee who is a member The value of the CSS benefits shall be treated as an approved benefit for superannuation purposes and shall not reduce the employee's superable salary. j) Nothing in this clause shall affect the right of an employer to maintain or NTGPASS enters enter into a more beneficial arrangements with respect to salary sacrifice for employer superannuation arrangement, the employee’s annual rate of salary for superannuation purposes will remain at the rate set out in this Agreement (that is, the salary sacrifice arrangement has no effect on the employee’s annual rate of salary for superannuation purposes)employees.

Salary Sacrifice. 42.1 Salary Sacrifice for employer Superannuation Under this Agreement 14.1. ▇▇▇ and an employee may choose agree to enter into a salary sacrifice arrangement, which allows an employee to receive a part of their pre tax salary as a benefit rather than salary. Such agreement will not unreasonably be withheld. 14.2. Benefits that may be salary sacrificed include additional superannuation and motor vehicles supplied by KEE under lease back arrangements where the amount to be salary sacrificed for leaseback of a KEE motor vehicle is that part of the lease back fee that exceeds KEE’s fringe benefit tax liability. 14.3. The value of the benefits will be agreed between KEE and employee and will include fringe benefits tax where applicable. (i) The salary sacrifice arrangement, including the benefits to be salary sacrificed and their value including fringe benefit(s) tax, will be in writing and signed by both ▇▇▇ and the employee. (ii) The employee may request in writing to change the benefits to be salary sacrificed twice per year and ▇▇▇ will not unreasonably refuse the request. 14.5. The employee’s gross pay is their pre tax ordinary pay less the values of the salary sacrifice benefit including fringe benefit(s) tax. 14.6. The value of a salary sacrifice benefit and applicable fringe benefit tax, will be treated as an approved benefit for superannuation purposes and will not reduce the employee’s salary for employer superannuation contributions into a compliant superannuation fundcontributions. 14.7. The arrangement is available to all employees and participation is at the discretion value of an individual employee. Under the arrangement the following conditions will apply: (a) an employee who currently contributes to the CSS is not able to salary sacrifice benefits and applicable fringe benefits tax will be ordinary pay for calculating overtime and termination payments. 14.8. The employee is responsible for seeking appropriate financial advice when entering into that scheme, but can salary sacrifice into a complying superannuation fund; (b) an employee who currently contributes 6% to the NTGPASS may salary sacrifice into the NTGPASS or another complying superannuation fund; (c) an employee who currently has his or her employer superannuation guarantee contributions paid to a ‘Fund of Choice’ (employed after 10 August 1999) may salary sacrifice into that ‘Fund of Choice’ or another complying superannuation fundany arrangement under this clause. (di) While there is no limit ▇▇▇ will ensure that the salary sacrifice arrangement complies with taxation and other relevant laws. (ii) KEE has the right to the amount an employee can vary and/or withdraw from offering salary sacrifice to superannuation, the amount sacrificed plus employees with appropriate notice if there is any other employer contributions, will be assessed against the Commonwealth concessional contribution cap alteration to relevant legislation that is detrimental to their age. Contributions that exceed the cap will be taxed at the highest marginal tax rate plus Medicare levy. (e) The arrangement will operate at no additional cost to the Northern Territory Government, either directly or indirectly. (f) The arrangement will not operate to reduce employer superannuation contributions for employees that would ordinarily be payable by the Northern Territory Government in the absence of salary sacrifice arrangements. (g) When an employee who is a member of the CSS or NTGPASS enters into a salary sacrifice for employer superannuation arrangement, the employee’s annual rate of salary for superannuation purposes will remain at the rate set out in this Agreement (that is, the 14.10. A salary sacrifice arrangement has no effect will cease on the employee’s annual rate day of termination of employment. 14.11. A salary for superannuation purposes)sacrifice arrangement will be suspended during periods of leave without pay. 14.12. KEE may maintain and/or enter into other salary sacrifice arrangements with employees.

Salary Sacrifice. 42.1 Salary Sacrifice for employer Employer Superannuation Under this Agreement an employee may choose to sacrifice salary for employer superannuation contributions into a compliant complying superannuation fund. The arrangement is available to all employees and participation is at the discretion of an individual employee. Under the arrangement the following conditions will apply: (a) an An employee who currently has their employer superannuation guarantee contributions paid to a Choice of Fund superannuation fund (e.g. employed after 10 August 1999) may salary sacrifice into that fund or another complying superannuation fund. (b) An employee who currently contributes 6% to NTGPASS may salary sacrifice into NTGPASS or another complying superannuation fund. (c) An employee who currently contributes to the CSS is not able to salary sacrifice into that scheme, scheme but can salary sacrifice into a complying superannuation fund; (b) an employee who currently contributes 6% to the NTGPASS may salary sacrifice into the NTGPASS or another complying superannuation fund; (c) an employee who currently has his or her employer superannuation guarantee contributions paid to a ‘Fund of Choice’ (employed after 10 August 1999) may salary sacrifice into that ‘Fund of Choice’ or another complying superannuation fund. (d) While there is no limit to the amount an employee can salary sacrifice to superannuation, the amount sacrificed plus any other employer contributionscontributions (whether real or notional), will be assessed against the Commonwealth concessional contribution cap relevant to their age. Contributions The employee is responsible for any tax and interest that exceed may be imposed by the cap will be taxed at Australian Taxation Office or other relevant authority for them exceeding the highest marginal tax rate plus Medicare levyCommonwealth concessional contribution cap. (e) The arrangement will operate operates at no additional cost to the Northern Territory Government, either directly or indirectly. (f) The arrangement will does not operate to reduce employer superannuation contributions for employees that would ordinarily be payable by the Northern Territory Government in the absence of salary sacrifice arrangements. (g) When an employee who is a member of the CSS CSS, NTSSS or NTGPASS enters into a salary sacrifice for employer superannuation arrangement, the employee’s annual rate of salary for superannuation purposes will remain at the rate set out in this Agreement (that is, the salary sacrifice arrangement has no effect on the employee’s annual rate of salary for superannuation purposes). Salary Sacrifice Packaging Under this Agreement an employee may choose to enter into salary sacrifice packaging arrangements in compliance with Commonwealth taxation legislation and any rules and regulations imposed by the Australian Taxation Office or other relevant authority. These salary sacrifice packaging arrangements meet the full obligations of the employer in relation to salary payments required under this Agreement. Under the arrangement the following conditions will apply: (a) the arrangement operates at no additional cost to the Northern Territory Government either directly or indirectly; (b) salary sacrifice arrangements may cease or be modified to reflect any changes to the Commonwealth taxation legislation or rules. Any additional taxation liability arising from these changes will be met by the employee; (c) an employee will meet any administration costs as part of the salary package arrangements, including any Fringe Benefit Tax liabilities that may arise; (d) an employee’s salary for superannuation purposes and severance and termination payments will be the gross salary which would have been received had the employee not entered into a salary sacrifice packaging arrangement; and (e) an employee shall provide evidence of having obtained or waived their right to obtain independent financial advice prior to entering into a salary sacrifice packaging arrangement.