SALARY SACRIFICE AGREEMENT FOR RED PERMIT CAR PARK

This Agreement is made between UNE and the Staff Memberin accordance with the Details and Terms.

DETAILS
UNE / Name The University of New England
ABN 75 792 454 315
AddressArmidale NSW 2351 Australia
Contact PersonMark Creagan
Telephone(02) 6773 3161

Staff Member / Name
Staff Number
Section
Address
Telephone
E-mail
Introduction /
  1. UNE and the Staff Member wish to enter a salary sacrifice arrangement for a Red Permit Car Park.
  2. The Staff Member agrees and authorises UNE to make the Fortnightly Salary Sacrifice Payment for the Red Permit Car Park over 5 pay periods.

RedPermitCarkPark Fee / $219.00 (inclusive of GST) for the Term
Fortnightly Salary Sacrifice Payment / $43.80 per pay period
Interest Rate / At the default rate charged by the Australian Taxation Office
Term / 1stNovember 2018 to 28th February 2019
TERMS

1.SALARY SACRIFICE AND AUTHORITY TO PAY AND DEDUCT

1.1The Staff Member authorises UNE:

1.1.1to make the Fortnightly Salary Sacrifice Payments for the Red Car Park Permituntil the Red Permit Car Park Fee is paid;

1.1.2to deduct PAYG withholding tax from the Fortnightly Salary Sacrifice Payment and to remit it to the Australian Taxation Office.

2.TERM

2.1This Agreement continuesfor the Term.

3.INDEPENDENT ADVICE

The Staff Memberacknowledges having sought or having the opportunity to seek independent financial, taxation and legal advice in relation to the salary sacrifice arrangement for the Red Permit Car Park Feeset out in this Agreement.

4.END OF EMPLOYMENT

4.1If the StaffMember ceases employment with UNE she/he must pay any outstanding Fortnightly Salary Sacrifice Payments, Administrative Fees or PAYG withholding tax on the salary sacrifice arrangement (Outstanding Amount).

4.2If the Outstanding Amount remains unpaid then it will become a debt payable by the Staff Memberto UNE and attract interest at the rate set out in the Details.

4.3The Outstanding Amount may in UNE’s absolute discretion:

(a)be deducted from any amounts due to the Staff Member upon cessation of her/his employment;

(b)be recovered as a debt in accordance with UNE’s usual debt recovery procedures.

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Staff MemberDate

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HR AuthorisationDate

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University of New England/Salary Sacrifice Agreement for Red Permit Car Park and Authority to Deduct Administrative Fees