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Old 16th Sep 2017, 01:04
  #783 (permalink)  
olderairhead
 
Join Date: Nov 1999
Location: Aus
Posts: 764
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It is also interesting to note that there has been no funds deposited into the Nationals superannuation fund since May.

The Superannuation (General Provisions) Act 2000 (https://www.lexadin.nl/wlg/legis/nof...s_act_2000.pdf) , sections 78 & 79 make interesting reading.

78. DUTY TO REMIT CONTRIBUTIONS PROMPTLY.

(1) An employer shall remit its employer contributions to the ASF within 14 days of the end of each calendar month.

(2) Where an employer deducts employee contributions from pay, the employer shall remit those contributions to the ASF within 14 days of the date of deduction.

(3) An entity,who fails to comply with this section, is guilty of an offence.

79. POWER TO RECOVER INTEREST ON DEFAULT.

Where an employer defaults in making any contributions required under this Part, the licensed trustee of the relevant ASF may, by written notice, require the employer to make payment of the outstanding contributions together with penal interest at the prescribed rate set out in the regulations from the date on which payment was due until the date of actual payment.


So Poxie is above the law??
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