Superannuation Scheme Clause Samples

Superannuation Scheme. Borrower administers a defined benefit superannuation fund (as described in the Superannuation Industry (Supervision) ▇▇▇ ▇▇▇▇ (the “SIS Act”) and Parent, Borrower and their Subsidiaries liabilities under such fund do not in the aggregate exceed $150,000,000.
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Superannuation Scheme. Superannuation contributions for or by the Executive will be paid to a superannuation fund nominated by the Executive.
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Superannuation Scheme. It is a term of this agreement that the company will pay a minimum of the following contributions into a superannuation fund as nominated by the employee. The Company’s default fund is the Construction and Building Industry Superannuation Scheme (C+BUS). • Upon certification of this agreement the Company shall make contributions for all tradesmen, labourers & trades assistants at the rate as listed in Appendix ‘C’ of this agreement or the contribution as required by the Superannuation Guarantees ▇▇▇▇. • The relevant proportion for the apprentices as required by the Superannuation Guarantees Levy. • All superannuation contributions will be paid in accordance with the trust deed.
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Superannuation Scheme. Superannuation contributions for or by the Executive will be paid to a superannuation fund nominated by the Executive. If the Executive does not nominate a fund, the Company will check the Australian Taxation Office records for the Executive’s most recently selected superannuation fund (known as a “stapled fund”) and superannuation contributions will be paid into that fund if permitted, until the Executive nominates otherwise. If the Executive does not nominate a fund, and there is no stapled fund, superannuation contributions will be paid to an eligible choice fund nominated by the Company.
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Superannuation Scheme. 29 SECTION 3.5 Regulation U................................................................ 29 SECTION 3.6 Taxes....................................................................... 29 SECTION 3.7
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Related to Superannuation Scheme

  • Superannuation 23.1 Superannuation contributions must be paid in accordance with this clause and the Superannuation Guarantee Administration Act 1992 (Cth), which will satisfy the Employer’s obligation regarding making superannuation contributions under the NES. 23.2 Subject to applicable legislation regarding choice of fund and/or stapled funds, the Employer will make superannuation payments on behalf of each Employee into CBUS as the default fund. 23.3 The level of contributions paid on behalf of each Employee (other than an Apprentice) will be, at a minimum, $280 per week. 23.4 Pro-rata payment does not apply, except in the case of flexible working arrangements entered into pursuant to clause 14.2.. 23.5 The level of contributions paid on behalf of each Apprentice must be, at a minimum: 1st Year - 55% 2nd Year – 70% 3rd Year – 85% 4th Year – 100% Minimum contribution $154.00 $196.00 $238.00 $280.00 23.6 The above contributions may be counted by the Employer as an offset against any payments otherwise required to be made by the Employer to avoid the Employer being required to pay the superannuation guarantee charge under 23.7 All superannuation contributions will be paid at least monthly subject to the relevant governing trust deed, rules and/or legislation.

  • Superannuation fund Unless, to comply with superannuation legislation, the employer is required to make the superannuation contributions provided for in Clause 24(b) to another superannuation fund that is chosen by the employee, the employer must make the superannuation contributions provided for in Clause 24(b) and pay the amount authorised under Clauses 24(d)(i) or 24(d)(ii) to one of the following superannuation funds: (i) Health Employees Superannuation Trust of Australia (HESTA); (ii) any superannuation fund to which the employer was making superannuation contributions for the benefit of its employees before 12 September 2008, provided the superannuation fund is an eligible choice fund and is a fund that offers a MySuper product or is an exempt public sector scheme.

  • Compensation Scheme If you make a complaint and we are unable to meet our liabilities, you may be entitled to compensation from the Financial Services Compensation Scheme. For investment business you will be covered up to a maximum of £85,000. Further information about these amounts and limits for all other product types are available from the FSCS at ▇▇▇▇://▇▇▇.▇▇▇▇.▇▇▇.▇▇/what-we-cover/products We are required by the anti-money laundering regulations to verify the identity of our clients, to obtain information as to the purpose and nature of the business which we conduct on their behalf, and to ensure that the information we hold is up-to-date. For this purpose we may use electronic identity verification systems and we may conduct these checks from time to time throughout our relationship, not just at the beginning.

  • Financial Services Compensation Scheme 19.1 We are covered by the Financial Services Compensation Scheme (FSCS). Under the scheme, if we cannot meet our financial obligations to customers, you may be entitled to compensation. 19.2 The FSCS only protects certain types of customers, and there are maximum limits on the amount of compensation that can be claimed. There is more information on this in our FSCS Information Sheet and Exclusions List, which is available on our website (you can also get a copy from customer services) or at ▇▇▇.▇▇▇▇.▇▇▇.▇▇.

  • Standard Company Benefits Executive shall be entitled to participate in all employee benefit programs for which Executive is eligible under the terms and conditions of the benefit plans that may be in effect from time to time and provided by the Company to its employees. The Company reserves the right to cancel or change the benefit plans or programs it offers to its employees at any time.