Commonwealth Consolidated Acts

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FAIR WORK ACT 2009 - SECT 149C

Default fund terms

             (1)  A modern award must include a default fund term that complies with section 149D.

             (2)  A default fund term is a term of a modern award that requires, permits or prohibits an employer covered by the award to make contributions to a superannuation fund for the benefit of an employee (a default fund employee ) who:

                     (a)  is covered by the award; and

                     (b)  has no chosen fund (within the meaning of the Superannuation Guarantee (Administration) Act 1992 ).



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