SGAA definition
Examples of SGAA in a sentence
The Superannuation Guarantee (Administration) Act 1992 (SGAA) and the Superannuation Guarantee Charge Act 1992 (SGCA) determines the payment.
In order to gain the benefit from making superannuation contributions from gross earnings salary sacrifice to superannuation may be agreed between the parties and must legally fulfil SGAA and Australian Taxation Office (ATO) requirements.
On projects where the Total Cost of Work is less than $50m, superannuation shall be calculated at the rate outlined in the Superannuation Guarantee (Administration) Act 1992 (SGAA), be paid on all hours worked, up to a maximum of 36 hours per week and contributed to the Superannuation fund on a monthly basis.
As of the 1st January 2021 the Superannuation Contributions will be paid in accordance with the The Superannuation Guarantee (Administration) Act 1992 (SGAA) and contributions will be paid on a monthly basis.
For the purposes of clause 12.1, the School will contribute the charge percentage (as defined in the SGAA) of the notional earnings base for a quarter (as defined in the SGAA) ('Quarter') being the Teacher's 'basic earnings' as defined below.
Except as provided in clause 12.5, the School must make superannuation contributions in respect of each Teacher of such amount as required to ensure that the School does not incur any superannuation guarantee charge ('SGC') under the Superannuation Guarantee (Administration) Act 1992 (Cth) ('SGAA') and the Superannuation Guarantee Charge Act 1992 (Cth).
Superannuation shall be paid in accordance with the Superannuation Guarantee Administration Act 1992 (Cth) (SGAA).
Salary sacrifice arrangement/s conditions: ▪ Be by agreement between the Employer and Employee and must comply with all SGAA and Australian Taxation Office (ATO) requirements; ▪ Not disadvantage the Employee or the Company in any way.
In order to gain the benefit from making Superannuation contributions from gross earnings salary sacrifice to Superannuation may be agreed between the parties and must legally fulfil SGAA and Australian Taxation Office (ATO) requirements.
For the purposes of this clause, 'basic earnings' shall mean in respect of any Quarter the amount of any 14 weeks paid parental leave for initial primary caregiver pursuant to clause 28.2 and any payments pursuant to clause 25.4 and up to the maximum contribution base, as defined in the SGAA, in respect of any Quarter.