Notice of Withdrawal
1
Superannuation Guarantee Ruling SGR 94/4, which issued on 15 September 1994, explained what 'ordinary time earnings' (OTE) were as defined in subsection 6(1) of the Superannuation Guarantee (Administration) Act 1992.
2
SGR 94/4 is replaced by Superannuation Guarantee Ruling SGR 2009/2 Superannuation guarantee: meaning of the terms 'ordinary time earnings' and 'salary or wages', which issued on 13 May 2009. This Ruling applies to payments made to employees in the quarter beginning on 1 July 2009 and all later quarters. SGR 2009/2 expands upon and clarifies the Commissioner's view on the meaning of OTE and also deals with the relationship between OTE and 'salary or wages'.