What compliance requirements does this policy adhere to, Financial Accounting

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What compliance requirements does this policy adhere to

Problem

Read the below policy:

Wandsworth Institute processes superannuateon payments once every month. EFT payment is Preferred and Wandsworth sends a remittance advice to each fund after payment. Employees can choose Wandsworth Institute default super fund or their own super fund, provided it is a complying super fund. The Assistant Accountant will record all superannuateon payments. Employees who are under 19 are not eligible to receive superannuateon payments.

Task

i. What Legislation does this policy relate to?

ii. What compliance requirements does this policy adhere to?

iii. What section, if any, does not comply with the legislation? Why?

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Financial Accounting: What compliance requirements does this policy adhere to

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Financial Accounting: What compliance requirements does this policy adhere to

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