## Commonwealth Consolidated Acts

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###
SUPERANNUATION GUARANTEE (ADMINISTRATION) ACT 1992 - SECT 15

**Interpretation: maximum contribution base**
(1) The maximum contribution base for a quarter in the 2001-02 year is
$27,510.

(3) The maximum contribution base for a quarter in any later year is the
amount worked out using the formula:

(4) Amounts calculated under subsection (3) must be rounded to the
nearest 10 dollar multiple (rounding 5 dollars upwards).

(5) Despite subsections (3) and (4), the maximum contribution base
for a quarter in the 2017-18 year or any later year is the amount worked out
using the following formula, if that amount is less than the amount worked out
under those subsections:

where:

*
"charge percentage" *is the number specified in subsection 19(2) for the
quarter.

*
"concessional contributions cap" *is the basic concessional contributions cap,
within the meaning of the *Income Tax Assessment Act 1997 *, for the financial
year in which the quarter occurs.

(6) Amounts calculated under subsection (5) must be rounded down to
the nearest 10 dollar multiple.

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